We use cookies to customise content for your subscription and for analytics. If you continue to browse Lexology, we will assume that you are happy to receive all our cookies. For further information please read our Cookie Policy.
In the Spring of 2007, Canada’s Parliament amended several federal insolvency statutes so as to transfer the definition of the class of protected contracts known as “eligible financial contracts” (EFCs) from the federal insolvency statutes themselves to their respective associated regulations
The Securities and Other Financial Assets Transfer Act (the “Quebec STA”) was introduced as Bill 47 in the Quebec National Assembly on November 13, 2007
The Saskatchewan Securities Act, 1988 (the Saskatchewan Act) includes within its definition of "security" a futures contract or option that is not an exchange contract
With the recent approval of financial regulatory reform legislation in the United States, SEC Chairman Mary Schapiro provided an outline of next steps in a speech last week to the Center for Capital Markets Competitiveness in Washington D.C
