Lawrence E. Ritchie Lawrence E. Ritchie

IIROC’s 2016 enforcement report: Increased activity against individuals

The Investment Industry Regulatory Organization of Canada (“IIROC”) recently published its 2016 Enforcement Report (the...

Board’s Role in Crisis Management: Expecting the Unexpected

The impact of a crisis on a business can be felt throughout the organization and could negatively affect not only its reputation, but that of its...

New IOSCO Standard Likely to Yield Increased International Enforcement Cooperation and Integration

It is trite to say that capital markets know no borders. Increasingly, this reality is prompting capital markets regulators and enforcers around the...

DOJ announces extension for its FCPA cooperation pilot program

White collar law enforcers and regulators rely heavily on tips and voluntary reporting to enhance their enforcement capabilities. As discussed...

CSA Releases Annual Enforcement Report

On February 27, 2017, the Canadian Securities Administrators (“CSA”), the umbrella organization of the Canadian provincial capital...

OSC Panel To Consider Livent Co-Founder Drabinsky’s Sanction

Having already served his time following a fraud conviction over 5 years ago, a panel of the Ontario Securities Commission will ultimately have to...

Ontario Court Acquits Former SNC-Lavalin Executives in Foreign Corruption Case

In a significant setback to the enforcement of foreign corrupt practices in Canada, three individuals – including two former SNC-Lavalin...

DOJ enters into non-prosecution agreement with Las Vegas Sands Corporation over alleged FCPA violations

Deferred or non-prosecution agreements are not a feature of the Canadian enforcement landscape, but are used effectively in a number of other...

Charges Laid for $1 Billion Investment Fraud – Although Red Flags Existed for Years

Hedge fund founder Mark Nordlicht was charged last December by both the US Department of Justice (DOJ) and the Securities and Exchange Commission...

Divisional Court Upholds Significant OSC Insider Trading Case

Recently, we provided a brief update on the release of the Finkelstein v. Ontario (Securities Commission) appeal decision (update available here),...