The siren call for the proposed expansion of the powers of the Investment Industry Regulatory Organization Industry of Canada (IIROC) to enforce its fines through the courts in Ontario has been welcomed with open arms and few questions. In its Budget 2017, the federal government announced it will soon introduce legislative amendments to improve the ability of self-regulatory organizations (SROs) to collect fines levied against individuals, claiming it will help to “deter potential offenders” and increase funds available for investor protection. While this has been applauded by IIROC and some investor advocacy groups, it is unclear how it will better protect the investing public.
Mithaq Canada Inc. (Re): Exercise of the Capital Markets Tribunal’s Discretion Whether to Cease Trade a Private Placement as “Clearly Abusive”
The Perils of Failing to Coordinate Settlement of Cross-Border Securities Class Actions: Kwong v. iAnthus Capital Holdings Inc.
The Flip Side of the Trailing Commission Coin: Frayce v. BMO Investorline Inc., 2024 ONSC 533