Has the time come for greater oversight of market indexes?

By Anita Anand and Adriana Robertson Originally posted on The Globe and Mail. The news that a whistleblower had contacted US regulators alleging manipulation of the VIX, a volatility index at the heart of the recent market turmoil, highlights near universal reliance on information that stock market indices provide. While the VIX is not itself …

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Friday News Finds – March 9, 2018

By Tegan Valentine Hello and welcome back to Top Five Friday Finds - the weekly series in which we share five of the business news stories that dominated the papers (and our conversations) this week. Let’s start this week’s post off with an update on the United States’ steel and aluminum tariff plan shall we? On Thursday, U.S. …

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SEC Commissioner Robert Jackson and Perpetual Dual Class Shares

By Bernard Sharfman Originally posted on the Oxford Business Law Blog. The use of dual class shares (shares with unequal voting rights) in initial public offerings (IPOs) allows for founders and insiders to maintain voting control of the company without having to own a majority of the company’s common stock outstanding. Sometimes, these dual class …

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Enhancing Governance in Dual-Class Share Firms

By Anita Anand  Originally posted on The CLS Blue Sky Blog. In a typical public company, shareholders can elect the board, appoint the auditors, and approve fundamental changes.  In other words, they can participate in the governance of the firm. Firms with dual class shares (DCS) alter this balance by inviting the subordinate shareholders to …

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Friday News Finds – February 23, 2018

By Tegan Valentine Hello and welcome back to Top Five Friday Finds - the weekly series in which we share five of the business news stories that dominated the papers (and our conversations) this week. Wine makers in British Columbia are saying ‘Cheers’ after Alberta Premier Rachel Notley announced the end of Alberta's ban on importing B.C. wine this …

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Friday News Finds – February 16, 2018

By Tegan Valentine It’s been a rough few years for Canadian retailers. First we lost Zellers - an iconic Canadian department retailer. Then, Zellers’ successor, Target Canada, collapsed in what remains one of the biggest US expansion failings in Canadian history. These failures shocked shoppers, however it was the end of Sears Canada - once one …

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