Canadian Corporate & Securities Lawyer
By Brian Koscak and Alixe Cormick An offering memorandum (OM) must contain all information material to the investment opportunity to enable an investor to make an informed investment decision. What information is material depends on the specific business and investment opportunity of an issuer. Under Canadian securities laws, an issuer must ensure there is no […]
PRESS RELEASE – On March 3, 2014, a group of companies and individuals dedicated to the developing Equity Crowdfunding industry in Canada, announced that they have come together and established the Equity Crowdfunding Alliance of Canada (ECFA Canada), Canada’s first equity-only Crowdfunding alliance. These companies and individuals, including funding portals through which Equity Crowdfunding is […]
“Well it’s about time!” That’s what Greg Pollock, the President and CEO of Advocis, The Financial Advisors Association of Canada, says about a proposed new bill to regulate financial advisors in Ontario. Bill 157 , proposed by Ontario Liberal MPP Rick Bartolucci, passed first reading on February 18, 2014. Bill 157 defines a “financial advisor” as […]
By: Brian Koscak, Jonathan Fleisher, Alison Manzer and Michael Brown The Canadian Securities Administrators (the CSA) have published for comment proposed amendments (the 2014 Proposals) to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106). The 2014 Proposals seek to: amend the existing prospectus exemption relating to short-term debt securities by imposing different credit rating […]
By: Brian Koscak, Alison Manzer, Jonathan Fleisher and Michael Brown The Canadian Securities Administrators (the CSA) have published for comment proposed amendments (the 2014 Proposals) to National Instrument 45-106 Prospectus and Registration Exemptions . The 2014 Proposals seek to amend the existing prospectus exemption for short-term debt securities by imposing different credit rating requirements and […]
