Launch of “Equity Crowdfunding Alliance of Canada”

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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 […]

“It’s about time!” Ontario Bill to Regulate Financial Advisors

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“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 […]

Part II – Canadian Securities Regulators Propose New ‘Asset Backed Commercial Paper’ Exemption

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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 […]

Part I – Canadian Securities Regulators Propose New ‘Commercial Paper’ Exemption

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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 […]

January 2014 Equity Crowdfunding Conference in Canada – Free Webinar

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On January 15, 2014, the Rotman School of Management at the University of Toronto held a half day conference on Equity Crowdfunding in Canada. The conference was about the evolution of Equity Crowdfunding in the Canadian capital markets. Here is the link to the event calendar where you can access the webinar.  It is under “2014” […]