By Anita Anand. The Government of Canada is proposing reforms to federal statutes, including the Canada Business Corporations Act, relating to the composition of boards of directors and in particular the gender complement on boards. This approach appears to be generally consistent with that of the Province of Ontario and the Ontario Securities Commission in… Read More Federal Statute Reform and Corporate Transparency and Diversity
by Anita Anand This week, the Ontario Securities Commission and British Columbia Securities Commission simultaneously heard a case relating to the hostile takeover bid that Idaho’s Hecla Mining Co. has launched for Dolly Varden Silver Corp., a junior issuer based in British Columbia. Hecla seeks to acquire all of the Varden shares it does not… Read More One Case, Two Commissions, Several Novel Securities Issues
by Anita Anand In this article, published in the Globe and Mail on July 14, 2016, Wendy Berman and Lara Jackson argue that whistleblowers may be vulnerable under the new regime even though they are permitted to remain anonymous if represented by counsel: Full article is here: http://www.theglobeandmail.com/report-on-business/rob-commentary/will-the-osc-whistle-blower-program-change-the-game-or-just-get-played/article30903748/. The Ontario Securities Commission’s new Office of the Whistleblower… Read More Will the OSC Whistle-Blower Program Change the Game, or Just Get Played?
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… Read More Does the MetLife Decision Change the Way U.S. Regulators Should be Thinking About Systemic Risk?