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On the road to greater regulatory clarity: The CSA provides further guidance on its expectations for crypto asset platforms and the trading of stablecoins in Canada

The Canadian Securities Administrators (CSA) have recently introduced new Pre-Registration Undertakings (PRUs) that will apply to crypto asset...

U.S. judge questions the silencing provisions of no-admit-no-deny settlements with the SEC

Under a no-admit-no-deny settlement provision, parties usually agree that they won’t make any statements, public or otherwise, that are...

Whistleblower pleads guilty to bribery, denied whistleblower award

When is a whistleblower ineligible for an award? Lawrence Ritchie, Sarah Firestone and Madison Kerr look at the potential implications of a...

SEC continues enforcement campaign against crypto market participants

Late last week, the U.S. Securities and Exchange Commission filed a complaint regarding a program that allowed retail clients to earn interest on...

Has the American judiciary closed the door on SEC administrative courts?

A decision from the Fifth Circuit Court in the United States found that the Securities and Exchange Commission’s in-house courts deprive...

Canadian Securities Administrators to expand regulatory requirements for crypto trading platforms

On December 12, 2022, the Canadian Securities Administrators announced that “following recent events in the crypto market” they would...

Canadian securities regulators issue warning about crypto trading

On November 21, 2022, the Canadian Securities Administrators (the CSA) issued a warning to investors about elevated risks of trading crypto assets....

Québec Court of Appeal rules on consequence of voluntary disclosure of privileged information made to law enforcement in the context of an investigation

On October 17, 2022, the Québec Court of Appeal in Centre universitaire de santé McGill c. Lemay (Lemay) held that the voluntary disclosure of...

New crypto guidance for federally regulated entities

On November 16, 2022, a joint statement was released to federally regulated entities engaging in crypto-asset activities or crypto-related services...

Transparency International identifies concerns with Canadian enforcement in biannual report

Canada continues to face criticism for a perceived lack of anti-corruption enforcement. Osler’s Malcolm Aboud, Sarah Firestone and Sierra Farr...