Lawrence E. Ritchie Lawrence E. Ritchie

CIRO publishes proposals to level the advisor compensation playing field

Earlier this year, the Canadian Investment Regulatory Organization published a consultation paper outlining policy options that would help to level...

Duty of procedural fairness that would be owed to witnesses in issuing summonses under the Securities Act is minimal

A recent British Columbia Court of Appeal decision confirmed that, amongst the very limited avenues that witnesses have to challenge a regulatory...

More complaints and more investigations: highlights from CIRO’s inaugural Enforcement Report

The Canadian Investment Regulatory Organization released a report on its enforcement activities for its first year of operations. Lawrence Ritchie,...

A tempest of change: impact of climate-related litigation and regulation

It was a year of significant change for climate-related litigation and regulation in 2023. The volume of climate litigation increased significantly...

White-collar enforcement will continue to take shape in 2024

Canada continued to face international criticism for its perceived lack of white-collar crime enforcement in 2023.

Capital markets enforcement: innovative, and controversial, new directions

There were a number of intersecting trends in the capital markets regulatory and enforcement landscape in 2023. These trends can serve as a window...

CSA and CIRO review comments but come to no conclusion (yet) on short selling regulatory regime

The Canadian Securities Administrators and the Canadian Investment Regulatory Organization have released stakeholder comments and responses solicited...

Abuse of process revisited? British Columbia Court of Appeal grants leave application from ruling of British Columbia Securities Commission

The British Columbia Court of Appeal will hear a case that raises important questions concerning how persons subject to prosecution by administrative...

B.C. Securities Commission program offers monetary awards for whistleblowing

The British Columbia Securities Commission has introduced a new Whistleblower Program to incentivize future whistleblowers to come forward by...

CSA releases its first consolidated ‘Year in Review’

A recent Canadian Securities Administrators report tracks the progress provincial and federal regulators have made on their strategic goals. We look...