The federal government is working with the provinces in an attempt to finally create a common securities regulator within Canada—it will replace the patchwork of 13 regional regulators currently in existence.
Investors who had their assets frozen in the third-party Asset-Backed Commercial Paper fiasco of 2007 are now one step closer to their money.
Companies based in emerging markets must ensure they measure up to Canadian regulatory scrutiny if they are going to seek capital in our markets, the OSC has declared in its Emerging Markets Issuer Review.
An Ontario court has approved a plan submitted by the OSC and IIROC to distribute funds to investors burned in the third-party Asset-Backed Commercial Paper (ABCP) fiasco that began in 2007.
The Canadian Securities Administrators and the Investment Industry Regulatory Organization of Canada are seeking feedback from investors and market participants on appropriate disclosure and transparency measures related to short sales and failed trades in Canada.
CIBC Mellon has been named Regional Lender of the Year in the 2011 Global Securities Lending Awards. The award recognizes CIBC Mellon as the world's top securities lending provider with a specific geographic focus.
The Supreme Court of Canada says the federal government does not have the power to unilaterally create a national securities regulator through legislation, but reaction to the decision suggests there might still be a way forward, through federal and provincial co-operation.
Statistics Canada reports that foreign investment in Canadian securities increased to $6.3 billion in March, split equally between bonds and stocks. In addition, foreign investors directed $8 billion into the secondary market, the largest amount in a year. Non-resident investment in federal government bonds was $3.8 billion, concentrated on medium-termtomaturity bonds, following greater focus on […]
BlackRock Asset Management Canada Ltd., an indirect, wholly owned subsidiary of BlackRock, Inc. has launched the iShares NASDAQ 100 Index Fund XQQ. “This new ETF is an ideal complement to our product lineup in Canada and provides investors access to a number of sectors not widely available here,” said Mary Anne Wiley, managing director and […]
The Canadian Securities Administrators has updated the regulatory framework for firms and individuals that deal in securities, provide investment advice or manage investment funds. The revised rules codify current exemption orders and frequently asked questions, provide new filing timelines, refine certain exemptions and provide extended transition periods in respect of certain requirements. New guidance and […]