Regulatory

OSFI warns CIBC over risk management controls

Alleged deficiencies in CIBC’s risk management controls have drawn the attention of OSFI, according to a Wall Street Journal report.

By Staff |February 25, 2015

1 min read

MFDA rep fined over pre-signed trade forms

A settlement hearing in the matter of Jarnail S. Kahlon was held this week in Toronto.

By Staff |February 25, 2015

1 min read

OSC adopts family, friends and business associates exemption

The OSC has published a family, friends and business associates prospectus exemption which is expected to provide a cost-effective way for issuers (other than investment funds) to raise capital from their networks of family, close personal friends and close business associates. Subject to Ministerial approval, the exemption comes into effect on May 5, 2015.

By Staff |February 19, 2015

1 min read

CSA amends accredited investor rules

The Canadian Securities Administrators (CSA) has announced the adoption of two sets of amendments to National Instrument 45-106 Prospectus and Registration Exemptions (NI 45-106).

By Staff |February 19, 2015

2 min read