Capital Markets & Securities: 2023 Legal Year in Review
Our Legal Year in Review includes a selection of 18 significant and interesting developments in Canadian securities and capital markets landscape in 2023. The key legal developments that are summarized in this bulletin were important during 2023 and also have […]
Kraft (Re): Selective disclosure (“tipping”) and revisiting the “necessary course of business” exception
On October 20, 2023, Ontario’s Capital Markets Tribunal (“Tribunal”) released a first-of-its-kind decision considering the application of the “necessary course of business” (“NCOB”) exception to the prohibition against tipping of material non-public information (“MNPI”). The Tribunal found that Michael Paul […]
