Jason A. Saltzman

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Canadian Securities Administrators amend take-over bid rules

Canada - April 11 2016 After many months of soliciting and considering comments, on February 25, 2016, the Canadian Securities Administrators announced amendments to the…

Benjamin Iscoe, Ralph Shay.

New crowdfunding regime implemented, existing start-up crowdfunding rules amended

Canada - January 26 2016 On January 25, 2016, five provinces implemented rules aimed at facilitating small investments made through online portals, a practice known as…

Andrea C. Johnson, Dan (Daniel) McElroy, Mike (Michael) M. Stephens, Sebastian Elawny.

Offering memorandum exemption introduced in Ontario

Canada - January 13 2016 A new method of raising financing takes effect in Ontario today. As anticipated in a previous alert, Ontario has adopted a prospectus exemption that…

Keith C. Inman, Ralph Shay.

Ontario proposes whistleblower regime

Canada - November 30 2015 On October 28, 2015, the Ontario Securities Commission (OSC) published proposed OSC Policy 15-601 - Whistleblower Program (Policy). The proposed…

Matthew Fleming, Michael D. Schafler, Tom Budziakowski.

New crowdfunding regime adopted by five provinces

Canada - November 24 2015 On November 5, 2015, securities regulators in five provinces published in final form Multilateral Instrument 45-108 Crowdfunding (MI 45-108) setting…

Andrea C. Johnson, Dan (Daniel) McElroy, Mike (Michael) M. Stephens, Sebastian Elawny.