Recent amendments to certain Canadian Securities Exchange policies: Part 2
Introduction On March 30, 2023, the Canadian Securities Exchange (the “CSE” or “Exchange”) obtained final approval from the Ontario Securities Commission to revise its policies (the “Amendments”). The Amendments came into effect on April 3, 2023 and include significant revisions...
Missed the SEDAR+ onboarding deadline? What you need to know for the updated SEDAR+ launch on July 25, 2023
SEDAR+ Overview The Canadian Securities Administrators (“CSA”) is modernizing the electronic filing and data access systems that underpin Canadian securities regulation. The System for Electronic Data Analysis and Retrieval (“SEDAR”) will officially be replaced with SEDAR+ on July 25, 2023,...
Chronicle – Monetary claims by Maxime Rhéaume
YvonBlais/Thomson Reuters This text is published in La Référence, Éditions Yvon Blais EYB2023REP3639. Maxime Rhéaume has written an article for Thomson Reuters on the review of the concept of the monetary claim introduced into the Civil Code of Quebec in...
Recent amendments to certain Canadian Securities Exchange policies: Part 1
Introduction On March 30, 2023, the Canadian Securities Exchange (the “CSE”) received final approval from the Ontario Securities Commission to revise its policies (the “Amendments”). The Amendments came into effect on April 3, 2023 and contain significant changes to the...
CSA enhances regulation of unregistered crypto asset trading platforms
On February 22, 2023, the Canadian Securities Administrators (the “CSA”) published Staff Notice 21-332: Crypto Asset Trading Platforms: Pre-Registration Undertakings Changes to Enhance Canadian Investor Protection (the “Staff Notice”), which marks another positive step towards clarity in regulation of the...
Comments sought on short selling activities in Canada
On December 8, 2022, the Canadian Securities Administrators (“CSA”) and the Investment Industry Regulatory Organization of Canada (“IIROC”) published Staff Notice 23-329 – Short Selling in Canada (the “Notice”). The purpose of the Notice is to provide an overview of...
LBRY decision spells warning for blockchain developers
The United States District Court of New Hampshire recently released its decision in Securities and Exchange Commission v. LBRY, Inc.[1] This case carries significance for blockchain communities in that it is the first successful enforcement action by the SEC against...
Advancing our clients’ ambitions: Representative H1 2022 transactions
Miller Thomson’s M&A and Capital Markets teams are pleased to highlight transactions from H1 2022 in “Advancing our Clients’ Ambitions”, showcasing the firm’s cross-industry depth and multi-jurisdictional capabilities.
Canadian Securities Administrators create new prospectus exemption to streamline capital raising for listed issuers
On September 8, 2022, the Canadian Securities Administrators announced the adoption of a new prospectus exemption for reporting issuers listed on a Canadian stock exchange that wish to complete a private placement offering without the application of a four month...
Will the new International Sustainability Standards Board succeed in unifying global sustainability and climate-related disclosure rules?
Sustainability and climate disclosure rules are about to be standardized On March 31, 2022, the International Sustainability Standards Board (“ISSB”), a recently formed sustainability standard-setting body of the International Financial Reporting Standards (“IFRS”) Foundation, published for public comment two exposure...
