Exempt Market Dealers Beware! Get Ready Before the Regulators Come Knocking! In May 2014, the British Columbia Securities Commission (the BCSC) published its 2014 Annual Compliance Report Card (the Report Card). The Report Card summarized certain compliance deficiencies that were identified by the BCSC at BC-based portfolio managers, investment fund managers and exempt market dealers (EMDs) […]
Crowdfunding Experts Interview with Brian Koscak, Co-Chair ECFA Canada
Securities Dispute Resolution – Sample Client Disclosure Letter for Exempt Market Dealers and Others
Effective May 1, 2014, all new registered dealers and advisors across Canada, except in Quebec, must take reasonable steps to ensure that the Ombudsman for Banking Services and Investments (OBSI) will be the independent dispute resolution or mediation service that is made available to a client that has an eligible complaint. For more information about OBSI […]
Finders and Referral Agents Beware! Proposed Changes for Unregistered Individuals in Canada
By Brian Koscak and Peter Dunne The Canadian Securities Administrators (the CSA) have proposed amendments to National Instrument 31-103 Registration Requirements, Exemptions and Ongoing Obligations (NI 31-103) that seek, among other things, to clarify the use of the “trade through or to a registered dealer” exemption in section 8.5(a) of NI 31-103 (section 8.5(a)). The […]
Movember is now over – Thank you for your support!
This is my first year participating in Movember as part of the Cassels Brock Movember Team. In case you have missed the many gentlemen walking around in November with moustaches (also called ‘staches’ or ‘Mos’) and wondered why they would be doing such a thing, it is for Movember! Movember provides support for world-class men’s health programs […]