Canadian Corporate & Securities Lawyer
Good News for Exempt Market Dealers Participating As Selling Group Members in Prospectus Offerings By Brian Koscak and Peter Dunne Back in December 2013, it looked like the Canadian Securities Administrators (CSA) might slam the door on exempt market dealers participating in prospectus offerings. However, recent changes suggest the door is still open. This article […]
The Ontario Securities Commission (the OSC) recently announced that it has commenced a pre-registration review process for new registrant firms, including exempt market dealers (EMDs), in order to assess compliance with Ontario securities law at the time of registration. Why is the OSC doing this? The OSC wants to ensure firm applicants, such as EMDs, [...]As Chair of the Private Capital Markets Association of Canada (PCMA), I am pleased to have contributed to the preparation and submission of the PCMA’s comment letter to the Canadian Securities Administrators (the CSA) about proposed changes to the accredited investor exemption (theAI exemption) and the minimum amount exemption (the MA exemption) as set out […]
On June 2, 2014, the Private Capital Markets Association of Canada (the PCMA) held its 2014 Annual Conference at the Board of Trade in Toronto, Ontario. There were over 320 attendees at a sold out event. As Chairman of the PCMA, I had the distinct honour and pleasure of introducing our keynote speaker, The Honourable Howard […]
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 […]
