In a recent announcement, the Canadian Securities Administrators (CSA) is adopting a new prospectus exemption for issuers listed on a Canadian stock exchange. The Listed Issuer Financing Exemption will provide issuers with a more efficient way to raise capital by reducing regulatory burden for small offerings while maintaining investor protection. To be eligible for the…
In a recently published article in BIV – Business Intelligence For British Columbia and entitled, “B.C couple still owes $19M despite bankruptcy, appeal court rules,” Graeme Wood shares developments in the case of Thalbinder Singh Poonian and Shailu Poonian, a British Columbian couple who are permanently banned from working in the capital markets after a…
BIV – Business Intelligence For British Columbia published Graeme Wood’s article entitled “Will B.C. adopt ‘McMafia’ law to combat money laundering?” on August 11, 2022. In his article, Wood compares the potential advantages and risks of Unexplained Wealth Orders (UWOs) in response to a growing number of large mansions on Richmond farmlands with alleged ties…
This article entitled “The Metaverse Is on the Way: Here’s What You Need to Know” was written by Andrew Morse and Scott Stein and published by CNET in March 2022. Plotting the trajectory of the Metaverse, Morse and Stein conclude that tech giants and developers have only scratched the surface. With an evolving definition, there…
This article entitled “Why it may take ‘several years’ for the B.C. Securities Commission to collect more fines” was written by Graeme Wood on May 12, 2022 and published by the Times Colonist. In it, he reflects on the possibility of new tools provided to the BC Securities Commission (BCSC) in collecting outstanding fines. With…
Mark Kolakowski published his article entitled, “SEC Considers Banning Payment for Order Flow” on October 22, 2021 on Investopedia.com. A payment for order flow (PFOF) is the payment that a broker receives from a market maker who processes the trades for the broker’s client. Robinhood Markets is one such broker that does not charge commissions…