Tag Archives: OSC

Putting the force in enforcement

As Canada’s leading market watchdog, the Ontario Securities Commission has been long criticized for its weak record in prosecuting serious securities crime. Will a new head of enforcement, working with new tools, under a new chair, be able to change that?
By Cooper Langford
August 4th, 2017

  Barring negotiated settlements, most of Canada’s securities enforcement community will be consumed this fall with the prosecution of several related high-profile cases alleging insider trading of shares in the former Montreal-based Amaya Inc., now Toronto-based The Stars Group Inc. … Continue reading

Posted in Featured Slider, Features, Top Stories | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Whistleblower rewards, compliance risk

The Ontario Securities Commission plans to start paying whistleblowers for tips about securities violations. Even companies with strong internal systems need to recognize the change
By Ken Mark
May 13th, 2015

The deadline for comments has passed. After the Ontario Securities Commission reviews the responses to its recent Staff Consultation Paper 15-401, Proposed Framework for an OSC Whistleblower Program, the next step is that program’s formal unveiling—and with it, challenges for … Continue reading

Posted in Handbook | Tagged , , , , ,

Comply or explain: enough of a push?

The Ontario Securities Commission seems poised to recommend that the province adopt a new “comply or explain” regime for public issuers in a bid to move companies to boost gender diversity on boards and in management. Despite iffy results elsewhere, it’s got widespread support
By Mark Anderson
December 15th, 2013

Whatever is or isn’t on the table from the Ontario Securities Commission by the time you read this, any director, senior executive, corporate secretary, or governance or proxy adviser worth his or her salary will have already started thinking about … Continue reading

Posted in Ticker, Top Stories | Tagged , , , , , , , , , ,

Many are cast, fewer are counted

New rules for things like director elections and majority voting are on OSC and TSX agendas. Should they overhaul the proxy voting process instead?
By Celia Milne
December 20th, 2011

Everyone’s talking about democracy. And Bay Street, it seems, is no exception. Say-on-pay, individual election of directors, majority voting and the potential for proxy access; in some form or another, these are all current action items for the Ontario Securities … Continue reading

Posted in Ticker, Top Stories | Tagged , , , , , , , , , ,