Lawrence E. Ritchie Lawrence E. Ritchie

Ontario Capital Markets Modernization Taskforce: Road to implementation?

Ontario’s Capital Markets Modernization Taskforce (the Taskforce) received a show of confidence from the Ontario government through the release...

Three week countdown for Canadian digital asset trading platforms to start getting registered under securities laws

On March 29, 2021, the Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) jointly...

Podcast: Securities north of the border – Comparing U.S. and Canadian regulations and enforcement

inSecurities is a biweekly podcast produced in the United States by the Practising Law Institute and hosted by Chris Ekimoff, a forensic accountant,...

Market Manipulation: Alberta Securities Commission clamps down on pump and dump scheme

The ASC concluded the control person of Kilimanjaro Capital Ltd. (“Kilimanjaro”), Ashmit Patel, engaged in, among other things, market...

World Bank debars German company for thirteen months

In addition to mitigating regulatory risks that can lead to the imposition of fines and imprisonment arising from conviction under relevant law,...

Ontario Capital Markets Modernization Taskforce Final Report: A set of thoughtful ideas or a blueprint for change?

The Ontario Capital Markets Modernization Taskforce (the “Taskforce”) published its final report on January 22, 2021 (the...

Regulators forced to respond to GameStop Corp.’s historic yo-yo

Wall Street has been in a state of disorder in recent weeks as the share price of brick and mortar retailer GameStop Corp. (“GameStop”)...

FSRA streamlines fair treatment of customers approach for insurance industry

Governments and financial regulators appear to be continuing their efforts to reduce overlapping, duplicative regulatory requirements on those they...

Impact on Canadian companies: U.S. Anti-Money Laundering Reform Establishes beneficial ownership registry and strengthens subpoenas

In the waning days of 2020, many Canadians watched the political events unfolding in the United States, including  Congress’s first and...

U.S. authorities release guidance on potential sanction violations for facilitating ransomware payments

Increasingly, companies may find themselves at the mercy of cyber-pirates and other hackers who, through improper means, seize control of information...