Risk Management and Crisis Response Blog Risk Management and Crisis Response Blog

What’s new with the OSC?

Significant changes are underway at the Ontario Securities Commission, reflecting certain recommendations of the province’s Capital Markets...

OSC outlines regulatory goals in Statement of Priorities for FY2022-2023

Osler lawyers provide their analysis of the Ontario Securities Commission’s recently published Statement of Priorities assessing issues facing...

Securities Commission confirms statutory confidentiality provisions apply to Staff and witnesses

An Ontario Securities Commission hearing panel recently found that Staff improperly disclosed confidential witness testimony. Does this signal a...

The perils of asserting privilege

Canadian courts — up to and including the Supreme Court of Canada — have confirmed that solicitor-client privilege is a substantive...

The AMF must conduct its investigations with ‘rigour, diligence and celerity’

These are the words of the Tribunal administratif des marchés financiers, when it reminded the Autorité des marchés financiers that a freeze order...

New emergency measures: implications for financial services providers

In response to the ongoing blockades and protests against pandemic restrictions, on February 14, 2022, the federal government invoked the Emergencies...

U.S. court ruling challenges SEC’s circumstantial insider trading evidence

A recent decision in Virginia signals the importance of the evidentiary burden in insider trading cases and could have implications for enforcement...

Ontario Capital Markets Modernization Taskforce elicits potential enforcement changes in proposed Capital Markets Act

The draft of Ontario’s proposed Capital Markets Act includes several recommendations designed to modernize and enhance the OSC’s...

Tools of the trade: OSC criminal and quasi-criminal charges result in jail terms for convicted securities fraudsters

With several tools at their disposal, Canadian securities regulators are showing their willingness to safeguard their capital markets however they...

CFTC announces record-breaking whistleblower award: Does it raise the bar for incentivizing whistleblowing?

The U.S. Commodity Futures Trading Commission recently announced the largest payout ever given to a single whistleblower under the Dodd-Frank Program...