Foreign Online Trading Platforms Pay Steep Fines to OSC
The Ontario Securities Commission recently approved settlement agreements with two online trading platforms that were alleged to have contravened Ontario securities laws by engaging in unregistered selling of derivatives and issuing and distributing securities to Ontario investors without a prospectus. The settlements netted over $10 million for the OSC. It appears as though both foreign dealers, Ava Trade Inc. (Ava Trade) and International Capital Markets Pty. Ltd. (ICM), ran afoul of Ontario securities laws inadvertently. Neither company was alleged to have engaged in any dishonest conduct. Both agreed to disgorge commissions received for the impugned sales and to implement internal ... [more]
Supreme Court Class Action Decision In Godfrey
Context Matters: The continued evolution of Defamation Law
Michael Binetti Quoted in National Post: Philadelphia Cream Cheese and Volkswagen ads axed due to ‘harmful’ gender stereotyping
Michael Binetti, partner at Affleck Greene McMurtry LLP, is quoted in The National Post: Philadelphia Cream Cheese and Volkswagen ads axed due to 'harmful' gender stereotyping, published August 14, 2019. [more]
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