Tag Archives: Ontario Securities Commission

Class-action ruling shocks Bay Street

Posted on January 31, 2012 by Administrator

[written by Julius Melnitzer, courtesy of financialpost.com] The Ontario Court of Appeal has shocked Bay Street by ruling that capital-markets participants who settle complaints with the Ontario Securities Commission for less than the full value of investors’ damages remain liable … Continue reading →

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Bay Street riled up over foreign takeover rules

Posted on January 18, 2012 by Administrator

[written by Tim Kiladze, courtesy of globeandmail.com] You’d be dead wrong if you thought Bay Street lawyers, bankers, and yes, even regulators, have simply learned to accept the confusion around Canada’s foreign takeover rules. After the Globe pointed out this … Continue reading →

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Impact investing growing but more effort needed: report

Posted on December 13, 2011 by Administrator

[written by Tara Perkins, courtesy of theglobeandmail.com] One year after issuing a call to action, the Canadian Task Force on Social Finance says there is evidence that impact investing is growing as an asset class in this country. But, while … Continue reading →

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OSC says it won’t change penalties for trader who admitted tipping off friend

Posted on November 23, 2011 by Administrator

[written by The Canadian Press, courtesy of winnipefreepress.com] TORONTO – The Ontario Securities Commission says it won’t change the penalties against former Bay Street investment banker Andrew Rankin, who admitted he tipped off a friend about future takeover deals. Rankin … Continue reading →

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Class action upswing behind OSC settlement shift?

Posted on October 24, 2011 by Administrator

[Written by Barbara Shecter, courtesy of financialpost.com] With Canadian regulators on the record opposing U.S.-style “no contest” settlements as far back as 2000, some market participants suspect the rising tide of class action lawsuits — and a strong backlash from lawyers … Continue reading →

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