CSA

Desjardins Investments reducing risk level of 17 funds

Desjardins Investments, manager of the Desjardins Funds, is reducing the risk level for a number of its funds, effective March 31, 2017.

By Staff |March 17, 2017

2 min read

Industry

CSA publishes guidance for disclosure by investment entities

The securities regulatory authorities in Ontario, Alberta and Saskatchewan have released CSA Multilateral Staff Notice 51-349, which summarizes key findings from an Ontario Securities Commission (OSC) staff review of the continuous disclosure of reporting issuers that meet the definition of an investment entity under International Financial Reporting Standards 10. These issuers are an emerging subsector […]

By Staff |March 16, 2017

2 min read

Industry

CSA review highlights risks of social media disclosure

The Canadian Securities Administrators (CSA) has published CSA Staff Notice 51-348, which summarizes findings and disclosure expectations for reporting issuers that use social media. The review found that 72% of issuers actively use at least one social media website, but 77% have no specific governance policy to direct their disclosure practices on those sites. Social […]

By Staff |March 9, 2017

2 min read

Industry

Deeper market access crucial for investors, advisors: Aequitas NEO Exchange

Aequitas NEO Exchange has formally requested that the CSA address Canada’s market data issues.

By Staff |March 7, 2017

1 min read

15 offenders jailed in 2016: CSA

CSA’s enforcement report reveals greater jail time for offenders — but fewer overall proceedings and less in fines and penalties. In 2016, more than 23 years of jail time were handed down to 15 offenders for Securities Act violations. That compares to about 10 years of jail time handed down last year. Further, 13 people […]

By Staff |February 27, 2017

2 min read

CSA’s embedded commissions paper focuses on unique Canadian market

01 CSA consultation paper 81-408 on the option of discontinuing embedded commissions In a paper published last month, CSA says it’s moving forward with a ban on embedded commissions. The paper discusses investor protection and market efficiency concerns arising from embedded commissions, and assesses the potential fallout from a ban. Ample evidence and research is […]

February 24, 2017

5 min read

Investors want a best interest standard

01. Investor and advocate comments on CSA proposal 33-404 Investors support CSA’s proposed regulatory standard for advisors to act in the clients’ best interest, saying the current suitability and disclosure standards aren’t good enough. While some investors support the proposed securities regulatory standard, others are pushing for a statutory rule. The OSC Investor Advisory Panel’s […]

January 27, 2017

4 min read

CSA

Desjardins Investments reducing risk level of 17 funds

CSA publishes guidance for disclosure by investment entities

CSA review highlights risks of social media disclosure

Deeper market access crucial for investors, advisors: Aequitas NEO Exchange

Don’t let clients fall for binary options fraud

15 offenders jailed in 2016: CSA

CSA’s embedded commissions paper focuses on unique Canadian market

CSA plays nice with business in new regulatory sandbox

CSA aims to improve proxy voting processes

Investors want a best interest standard