Tag archives: OSC

Deal maker or deal breaker? Information security during M&A

The Ontario Securities Commission (OSC) recently published its Statement of Priorities for the Financial Year to End March 31, 2017 (the Statement). The Statement unveils a new area which the OSC intends to focus its key resources and actions on – cyber resilience. For many, this does not come as a surprise, particularly given the high-profile … Continue reading

M&A in a “Crowded” Market: Part I

You’ve probably heard about “crowdfunding” websites like Kickstarter and Indiegogo. On these sites, companies with a great idea that are in need of capital can let the world know about that idea and raise money to bring it to fruition. In exchange for the funds that a user contributes to the crowdfunding campaign, the user … Continue reading

Changes to offering memorandum exemption finalized

Generally, companies may not distribute securities to investors unless such investors are provided with a prospectus which contains comprehensive disclosure of all material facts related to the company and the securities to be distributed. Companies that are reporting issuers supplement this disclosure by providing periodic and timely disclosure which, together with the prospectus, provides investors … Continue reading

Raising capital for your deal? Changes might be coming

The Ontario Securities Commissions (the OSC) has recently published proposals which, if enacted, will facilitate the raising of capital by issuers in the exempt market. On March 20th, the OSC published for a 90-day comment period the following four proposed prospectus exemptions: Offering Memorandum Exemption – Offering memorandum exemptions are currently available elsewhere in Canada. … Continue reading

Ontario Securities Commission publishes proposed disclosure rules regarding women on boards and in senior management

The Ontario Securities Commission has published for public comment proposed amendments to its corporate governance disclosure requirements.  Check out Norton Rose Fulbright’s legal bulletin on this topic for more information. For additional background, please visit Sara Josselyn’s previous article on this blog.  … Continue reading

Disclosure requirements regarding women on boards and in senior management

Earlier this month saw the closing of the comment period for the Ontario Securities Commission’s (OSC) Staff Consultation Paper 58-401 Disclosure Requirements Regarding Women on Boards and in Senior Management. The paper proposes amendments to National Instrument 58-101 Disclosure of Corporate Governance Practices such that TSX-listed companies (excluding venture issuers and investment funds) would have … Continue reading

Leadership changes and other merger developments at the Competition Bureau

Deal Law Wire - Norton Rose FulbrightDealmakers should take note of several recent significant merger-related developments at the Competition Bureau: Commissioner’s Resignation – The head of the Bureau, Commissioner of Competition Melanie Aitken, announced that she intends to resign in September 2012; New Head of the Mergers Branch – Effective August 7, 2012, there will be a new head of the Mergers Branch, which has … Continue reading