Lawrence E. Ritchie Lawrence E. Ritchie

Financial services regulation: Toward integrated consumer protection initiatives

In the decade that immediately followed the financial crisis, financial services regulatory reform largely focused on solvency and capital adequacy.

Ontario government releases fall economic statement: Modernizing financial services

On November 6, 2019, the Ontario government released its fall economic statement, 2019 Ontario Economic Outlook and Fiscal Review: A Plan to Build...

‘Green’ governance: CSA outlines expectations regarding governance disclosure and practices in the cannabis sector

Regulatory and legal risks abound in developing business areas, such as the recently legalized cannabis industry in Canada. One of the key challenges...

OSC issues anticipated Burden Reduction Initiative Report

Earlier this week, the Ontario Securities Commission (OSC) issued its long-awaited Report on the work of the Burden Reduction Task Force (the...

OSC issues anticipated Report on the Burden Reduction Task Force

The OSC issued its Report on the work of the Burden Reduction Task Force, in which it outlined the work undertaken by the OSC and the Task Force and...

OBSI reports rise in investment industry complaints

The Ombudsman for Banking Services and Investments (OBSI) reported a surge in the number of investment-related complaints in the second quarter of...

Amendments to British Columbia’s Securities Act expand enforcement powers

On October 21, 2019, British Columbia introduced Bill 33 (Securities Amendment Act, 2019), which provides for substantial amendments to the British...

Ontario establishes a Serious Fraud Office

At the end of August the Government of Ontario launched a new organization tasked with investigating and prosecuting complex white-collar crime. The...

OSC Burden Reduction Initiative – Focusing on ‘Principles’ for more responsive and effective regulation

The Ontario Securities Commission’s Burden Reduction Initiative emphasizes the centrality of a risk and principle-based focus to effective...

OSC Burden Reduction Initiative – Revisiting the 2003 Regulatory Burden Task Force

As the OSC continues to embark on its Burden Reduction Initiative, we think it is a worthwhile exercise to look back at the Commission’s 2003...