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Short-Selling Structure not Abusive—Ontario Capital Markets Tribunal Dismisses OSC Allegations in High-Profile Enforcement...

In recent years, the OSC and other regulatory bodies began signaling to public markets that regulators intended to crack down on what they termed abusive short-sellers. Against this backdrop, the OSC brought enforcement...more

Rule Changes In England and Wales Help Combat Fraud—Should Canada Follow?

The United Kingdom’s Civil Procedure Rule Committee recently approved methods of extra-jurisdictional service of Norwich-type information orders that could make it easier to pursue cross-border economic crime disputes in...more

The UK’s New Economic Crime Legislation–A Sign of Things to Come?

The United Kingdom recently passed the Economic Crime (Transparency and Enforcement) Act (ECA) on an expedited basis, bringing key changes to help the UK government and law enforcement combat financial crime....more

Cryptocurrency Litigation: Traditional Remedies in Modern Circumstances

Ontario Superior Court Issues an Anton Piller Order in Connection with Alleged Cryptocurrency Theft - Previously under seal and only recently released to the public, the Ontario Superior Court’s decision in Cicada 137 LLC v...more

FATF’s Take on Digital Assets: Updated Guidance and Recommendations

The rise of cryptocurrency and other virtual assets has pushed regulatory and supervisory bodies responsible for anti-money-laundering rules around the world to develop new guidance and regulations for persons and businesses...more

The “Modest” Role of Public Corrections in Secondary Market Misrepresentation Claims

The Ontario Court of Appeal recently released its decision in Baldwin v Imperial Metals Corporation, 2021 ONCA 838 [Imperial Metals] and provided additional guidance on the role public correction plays in secondary market...more

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