It has a name! New Self-Regulatory Organization (finally) announces its new name
On January 1st of this year, the amalgamation of investment industry self-regulatory organizations, the Investment Industry Regulatory Organization of Canada (“IIROC”) and the Mutual Fund Dealers Association of Canada (“MFDA”) became official. However, despite this amalgamation being in the works for months or years (and it was discussed for much longer than that), the new self-regulatory organization did not have a name – until now. On April 24, 2023, the New Self-Regulatory Organization announced that, effective June 1, 2023, it will be known as the Canadian Investment Regulatory Organization or CIRO. It will even have a new website – www.ciro.ca ... [more] Full article
SCC agrees to hear appeal on whether Securities Commission penalties can survive bankruptcy
On March 31, 2023, Canada’s top court granted leave to appeal from the B.C. Court of Appeal’s decision in Poonian v. British Columbia (Securities Commission) that a securities commission administrative ... [more] Full article
MFDA and IIROC Members vote to amalgamate and form “New SRO”
In a vote held on September 29, 2022, members of the Mutual Fund Dealers Association of Canada (MFDA) and the Investment Industry Regulatory Organization of Canada (IIROC) voted and passed ... [more] Full article
IIROC and MFDA to be Merged into Single Self-Regulatory Organization
Earlier this week, the Canadian Securities Administrators (CSA) announced that Canada’s two pre-eminent investment industry self-regulatory organizations will be merged into a single regulatory organization (SRO). The new SRO, as ... [more] Full article
- Catch and Exclude: The Ontario Court of Appeal reaffirms the Canadian approach to defining a “Security”
- Securities regulators provide guidance to investors and market participants during COVID-19 pandemic
- Has the OSC’s “special treatment” by appeal courts come to an end?
- Controversy as IIROC proposes merger with MFDA
Securities Regulatory Contributors
Kenneth A. Dekker
Kenneth Dekker, a partner of the firm, is a successful trial and appellate lawyer who is valued by his clients as a resourceful and practical litigation counsel. Over more than two decades, Ken has litigated noteworthy cases in a range of fields that include class action defence, securities and broker-dealer litigation and regulatory defence, corporate and shareholder disputes (including oppression and winding up cases), defamation, civil fraud litigation, disputes over contracts, injunctions, professional liability litigation, employment litigation and cross-border litigation issues. Ken has appeared before all levels of courts in Ontario, including the Ontario Court of Justice, the Superior Court of Justice, the Divisional Court and the Court of Appeal for Ontario, as well as before the Supreme Court of Canada. Ken also represents and advises clients in regulatory matters before the Investment Industry Organization of Canada (IIROC), the Mutual Fund Dealers Association of Canada (MFDA) and the Ontario Securities Commission (OSC). Ken has been ranked as Repeatedly Recommended for Securities Litigation by Lexpert, for Corporate and Commercial Litigation by Best Lawyers of Canada, and he has been given the highest available rating of AV, or pre-eminent, by his peers on Martindale-Hubbell.
