Many companies have started using social media such as Twitter, Facebook and blogs in order to communicate with investors and clients. At little to no cost, social media has the advantage of permitting real-time far-reaching communication with a broad audience....
On January 10, 2011, the Ontario Securities Commission (“OSC”) published OSC Staff Notice 54-701, which provided an update from OSC staff on the status of its work in the realm of shareholder democracy issues. Three issues were identified as required...
Issuers considering an initial public offering should be aware of guidance issued by the Canadian Securities Administrators (“CSA”) with respect to appropriate pre-initial public offering (“pre-IPO”) share structures. The CSA has released Staff Notice 41-305 Share Structure Issues – Initial...
The Canadian Securities Administrators (the “CSA”) have published a 2010 corporate governance disclosure compliance review (the “Compliance Review”) which tracked the compliance of 72 reporting issuers with the disclosure requirements set out in National Instrument 58-101 – Disclosure of Corporate...
