Upcoming Event: Pension Fund Investments and Governance Fall Roundtable

PENSION FUND INVESTMENTS AND GOVERNANCE FALL ROUNDTABLE NOVEMBER 3, 2017 9:00-11:00 am University of Toronto Faculty of Law Jackman Law Building, Room J140 This roundtable will examine issues facing pension funds including: the challenges that consistently low rates of economic growth pose for pension funds; how pension funds approach regulatory compliance when faced with regulation from multiple… Read More Upcoming Event: Pension Fund Investments and Governance Fall Roundtable

Upcoming Event: Should Issuers Be Required to Improve their Climate-related Financial Disclosures?

Should Issuers Be Required to Improve their Climate-related Financial Disclosures? Tuesday, November 28, 2017 9:00 a.m. to 12 noon (registration opens at 8:30am) Rotman School of Management Desautels Hall (2nd floor) 105 St. George Street Toronto, Ontario Registration $49.95 plus h.s.t. per person (Refreshments will be served) Registration required. REGISTER HERE Please register before noon November… Read More Upcoming Event: Should Issuers Be Required to Improve their Climate-related Financial Disclosures?

The Burdens of No-Contest Settlements

By Anita Anand, Andrew Green and Matthew Alexander https://beta.theglobeandmail.com/report-on-business/rob-commentary/are-no-contest-settlements-in-the-public-interest/article35735938/?ref=http://www.theglobeandmail.com& The Ontario Securities Commission’s recent no-contest settlements (NCS) with RBC Dominion Securities Inc. and Manulife Securities Inc. are the most recent in a string of settlements reached with Canada’s major financial institutions regarding overcharging clients. All in all, nine NCS have been finalized with financial institutions under… Read More The Burdens of No-Contest Settlements

Has (Financial) Regulation Over the Last Thirty Years Been One Huge Neoliberal Mistake?

By Cristie Ford https://www.law.ox.ac.uk/business-law-blog/blog/2017/06/has-financial-regulation-over-last-thirty-years-been-one-huge (Spoiler: if the scholarship is any guide, the answer is, pretty much, no). In 2009, Lord Adair Turner charged that: ‘An underlying assumption of financial regulation in the US, the UK and across the world, has been that financial innovation is by definition beneficial, since market discipline will winnow out any… Read More Has (Financial) Regulation Over the Last Thirty Years Been One Huge Neoliberal Mistake?

Kokesh v SEC – Disgorgement and the Statute of Limitations

By Tegan Valentine On Monday June 5, 2017 the U.S. Supreme Court issued its ruling on Kokesh v. SEC. In Kokesh the Court was asked to consider whether disgorgement should be held to the standards set out in the United State’s federal statute of limitations law. Ultimately, the Court determined that a five-year statute of… Read More Kokesh v SEC – Disgorgement and the Statute of Limitations

FAIR Canada and CARP Call for Major Changes to Proposed New Regulator

Originally shared by the Canadian Foundation for Advancement of Investor Rights FAIR Canada Issues White Paper Entitled “What About the Investors?” Toronto (May 18, 2017) – FAIR Canada and CARP today announced that they believe the proposed cooperative capital markets regulator (CCMR) is not in the interests of ordinary Canadians. FAIR Canada and CARP are… Read More FAIR Canada and CARP Call for Major Changes to Proposed New Regulator

Québec court finds aspects of securities model unconstitutional

By Lawrence E. Ritchie, Robert M. Yalden, W. David Rankin – Osler, Hoskin & Harcourt LLP Originally published May 12, 2017 at osler.com In response to a reference from the Government of Québec, the Québec Court of Appeal has concluded that while the governance framework for the co-operative capital markets regulatory regime, as proposed, is unconstitutional,… Read More Québec court finds aspects of securities model unconstitutional