Canadian Securities Law

On July 6, 2017, the Investment Industry Regulatory Organization of Canada (IIROC) published final amendments to the Universal Market Integrity Rules (UMIR) and the Dealer Member Rules (DMR) related to best execution requirements which will come into effect... Read more

New custody rules for non-SRO registrants also introduced. Under a series of amendments to National Instrument 31-103 – Registration Requirements, Exemptions and Ongoing Registrant Obligations published on July 27, 2017, the CSA have banned exempt... Read more

Last month Stikeman Elliott’s Toronto office was delighted to co-host “Getting Yourself on a Board” with Women Get On Board (WGOB), a member-based company that connects,  promotes and empowers women to corporate boards.  Led... Read more

Staff of the securities regulatory authorities in each of Ontario, Quebec, Alberta, Manitoba, and New Brunswick have published commentary on Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (MI 61-101)... Read more

On July 11, 2017, the Ontario Securities Commission released Staff Notice 33-748 Annual Summary Report for Dealers, Advisers and Investment Fund Managers (the Report). Prepared by the Compliance and Registrant Regulation (CRR) Branch, the six-part Report... Read more

Minority security holders in Alberta, Manitoba and New Brunswick will enjoy enhanced protections as the result of the adoption by their respective provincial securities regulators of Multilateral Instrument 61-101 Protection of Minority Security Holders... Read more

In connection with the settlement cycles in Canadian and U.S. capital markets being shortened to trade date plus two business days (T+2) from trade date plus three business days (T+3), 2017, the TSX is making certain amendments to the TSX Company Manual... Read more

On May 11, 2017, the TSX published housekeeping amendments to the TSX Company Manual related to non-public interest changes. The amendments include fixing typographical errors, clarifying provisions, updating references to securities legislation and cross... Read more

On July 6, 2017, IIROC published for comment IIROC Notice 17-0139 Proposed Amendments to Client Identification and Verification Requirements. IIROC is proposing changes to Part A of Rule 3200 of the proposed IIROC Dealer Member Plain Language Rule Book... Read more