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BCSC Guidance on Joint Actors in Proxy Contests and Early Warning Disclosure Requirements

On December 22, 2023, the British Columbia Securities Commission (the BCSC) rendered a decision in NorthWest Copper Corp. (Re) clarifying when parties are considered to be “acting jointly or in concert” and the appropriate...more

The British Columbia Securities Commission Implements a New Whistleblower Program

On November 7, 2023, the British Columbia Securities Commission (the BCSC) implemented a Whistleblower Program (the BCSC Program), under BC Policy 15-604 (the Policy) to encourage individuals to voluntarily provide...more

The British Columbia Securities Commission Obtains Significant New Enforcement Powers

The British Columbia Securities Commission (BCSC) can now impose market bans and financial penalties of up to $1 million for the failure or refusal to attend an investigative interview or for the failure or refusal to comply...more

B.C. Securities Commission Provides Guidance About Investor Relations Disclosure in Social Media

On January 30, 2023, the British Columbia Securities Commission (BCSB) released its decision on the liability portion of the hearing against Stock Social Inc. and its president, CEO, and sole director, Kyle Alexander...more

BCSC Reaches First-Ever Settlement Agreements for Violation of Section 52(2) of the Securities Act

In September 2021, the British Columbia Securities Commission (the BCSC) issued a Notice of Hearing against an investor relations (IR) firm called Stock Social Inc. (Stock Social), its sole director, and five of its clients...more

BCSC Denies Driving Privileges to Enforce Securities Fraud Sanctions [Alert]

A three-member panel of the BC Securities Commission dismissed an application by Paul Se Hui Oei to overturn the Executive Director’s (ED) decision to deny Oei a driver’s licence. The panel found that the necessary statutory...more

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