Alberta Securities Commission Introduces Whistleblower Program

Last Tuesday, the Alberta Securities Commission (ASC) announced that it's expanding its enforcement toolbox through the creation of a whistleblower program and the new Office of the Whistleblower (OWB). This program will allow whistleblowers to report potential securities law breaches in a way that is safe and easy. Employees are encouraged to utilize the new …

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Does the MetLife Decision Change the Way U.S. Regulators Should be Thinking About Systemic Risk?

by Cristie Ford A bit of comparative analysis, like this, might help us think about this question. Across the EU, the US and (at least until the impact of Brexit is felt) the UK, we see varying degrees of agreement about how to address systemic risk. Generally, what agreement there is comes down to developing …

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Defining Systemic Risk: Comments on the proposed Capital Markets Stability Act

by Anita Anand At root, the debate over whether Canada should have a cooperative securities regulator (or some version thereof) stems from questions about the appropriate institutional supervisory structure for Canada’s financial system. While a specific question is whether securities regulation should be dispensed provincially or federally, a larger question pertains to the optimal regulatory …

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