https://mbsecurities.ca/news/index.html Latest updates from the Manitoba Securities Commission. en-US https://mbsecurities.ca/news/current/oeo-ban-2022.html TORONTO – Since the Canadian Securities Administrators (CSA) adopted final rules that implement a ban on the payment of trailing commissions by fund organizations to dealers who do not make a suitability determination, such as order-execution-only (OEO) dealers (the “OEO Trailer Ban”), the CSA has consulted with industry stakeholders to ensure investment fund managers and OEO dealers can implement an investor-centric transition away from mutual fund series with trailing commissions. Fri 18 Mar 2022 https://mbsecurities.ca/news/current/oeo-ban-2022.html https://mbsecurities.ca/news/current/csa_sem_rus_march2022.html Montreal – The Canadian Securities Administrators (CSA) is alerting all market participants to economic sanctions imposed by the Government of Canada recently under amendments to the Special Economic Measures (Russia) Regulations. These Regulations were amended in light of Russia’s violation of the sovereignty and territorial integrity of Ukraine. Mon 14 Mar 2022 https://mbsecurities.ca/news/current/csa_sem_rus_march2022.html https://mbsecurities.ca/news/current/csa_fpm_2022.html Calgary – For Fraud Prevention Month this March, the Canadian Securities Administrators (CSA) is reminding Canadians to do their own research and ask questions before investing in crypto assets. Increased knowledge can help investors make informed decisions, reduce the risk of losses and avoid crypto investment scams. Fri 11 Mar 2022 https://mbsecurities.ca/news/current/csa_fpm_2022.html https://mbsecurities.ca/news/current/csa_iap_2022.html Montréal – The Canadian Securities Administrators (CSA) is inviting applications for membership on its Investor Advisory Panel (CSA IAP). Thu 10 Mar 2022 https://mbsecurities.ca/news/current/csa_iap_2022.html https://mbsecurities.ca/news/current/agm_2022.html Toronto – Staff of the Canadian Securities Administrators are today providing reporting issuers with guidance on virtual shareholder meetings. Fri 25 Feb 2022 https://mbsecurities.ca/news/current/agm_2022.html https://mbsecurities.ca/news/current/feb14_2022.html Montreal – This Valentine’s Day, the Canadian Securities Administrators’ (CSA) is warning the public about fraudsters using social media, messaging apps and online dating sites to lure Canadians into relationships that lead to investment scams. Mon 14 Feb 2022 https://mbsecurities.ca/news/current/feb14_2022.html https://mbsecurities.ca/news/current/94-101-4.html Montréal and Toronto – The Canadian Securities Administrators (CSA) today announced amendments to National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives (NI 94-101) and changes to Companion Policy 94-101 Mandatory Central Counterparty Clearing of Derivatives. Thu 27 Jan 2022 https://mbsecurities.ca/news/current/94-101-4.html https://mbsecurities.ca/news/current/44-101-2.html Toronto – The Canadian Securities Administrators (CSA) today published for comment a two-staged proposal to modernize the prospectus filing model for investment funds. Thu 27 Jan 2022 https://mbsecurities.ca/news/current/44-101-2.html https://mbsecurities.ca/news/current/sro_2022.html Vancouver and Toronto – The Canadian Securities Administrators (CSA) today announced the start of the search for candidates for the chief executive officer (CEO) and members of the Board of Directors for the new self-regulatory organization (SRO). Fri 21 Jan 2022 https://mbsecurities.ca/news/current/sro_2022.html https://mbsecurities.ca/news/current/93-101-3.html Toronto – January 20, 2022 – The Canadian Securities Administrators (CSA) today published for comment the proposed business conduct regime for regulating dealers and advisers in over-the-counter (OTC) derivatives in Canada. Thu 20 Jan 2022 https://mbsecurities.ca/news/current/93-101-3.html https://mbsecurities.ca/news/current/wob-2022.html Toronto – The securities regulatory authorities in Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan (the participating jurisdictions) today published the underlying data used to prepare the seventh year review of women on boards and in executive officer positions. Thu 20 Jan 2022 https://mbsecurities.ca/news/current/wob-2022.html https://mbsecurities.ca/news/current/81-334.html Toronto – The Canadian Securities Administrators (CSA) today published guidance for investment funds on their disclosure practices that relate to environmental, social and governance (ESG) considerations, particularly funds whose investment objectives reference ESG factors and other funds that use ESG strategies (ESG-Related Funds). Wed 19 Jan 2022 https://mbsecurities.ca/news/current/81-334.html https://mbsecurities.ca/news/current/52-108-2.html Toronto – The Canadian Securities Administrators (CSA) today published final amendments intended to assist the Canadian Public Accountability Board (CPAB) with inspecting audit work performed in foreign jurisdictions. Mon 13 Jan 2022 https://mbsecurities.ca/news/current/52-108-2.html https://mbsecurities.ca/news/current/33-1091216-3290.html Toronto - The Canadian Securities Administrators (CSA) today published (link) final amendments to establish a more efficient registration and oversight process for firms, individuals and regulators by simplifying and streamlining certain regulatory requirements. The changes also provide firms and individuals with greater clarity on the information required as part of the registration process, while improving the quality of information received by regulators. Thu 16 Dec 2021 https://mbsecurities.ca/news/current/33-1091216-3290.html https://mbsecurities.ca/news/current/resa_dec2021.html WINNIPEG – The Manitoba Securities Commission (MSC) is notifying Manitoba homebuyers and sellers of important new real estate legislation, which will officially come into effect on Saturday, Jan. 1, 2022. Wed 15 Dec 2021 https://mbsecurities.ca/news/current/resa_dec2021.html https://mbsecurities.ca/news/current/wksi.html Toronto – The Canadian Securities Administrators (CSA) today published temporary exemptions from certain base shelf prospectus requirements for qualifying well-known seasoned issuers (WKSIs). The exemptions allow an issuer, that meets WKSI qualifications and certain conditions, to file a final base shelf prospectus with its principal regulator and obtain a receipt for that prospectus on an accelerated basis without first filing a preliminary base shelf prospectus. Mon 06 Dec 2021 https://mbsecurities.ca/news/current/wksi.html https://mbsecurities.ca/news/current/11-343.html Montréal – The Canadian Securities Administrators (CSA) plans to establish an Investor Advisory Panel (CSA IAP) to represent the interests of retail investors in pan-Canadian policy development activity. This initiative will further the CSA’s focus on its investor protection mandate. Thu 02 Dec 2021 https://mbsecurities.ca/news/current/11-343.html https://mbsecurities.ca/news/current/investment-fraud-dec-2021.html Winnipeg – The Manitoba Securities Commission (MSC) is warning the public about a sharp increase in the number of fraudulent online investment websites, which are attempting to exploit Manitobans at an alarming rate, in some cases successfully. Wed 01 Dec 2021 https://mbsecurities.ca/news/current/investment-fraud-dec-2021.html https://mbsecurities.ca/news/current/25-4041118-9618.html Vancouver and Toronto – Work is progressing on the creation of a new self-regulatory organization (SRO) for the investment industry and a new investor protection fund (IPF). Thu 18 Nov 2021 https://mbsecurities.ca/news/current/25-4041118-9618.html https://mbsecurities.ca/news/current/58-313.html Toronto – Today, participating Canadian securities regulatory authorities published the results of their seventh annual review of disclosures relating to women on boards and in executive officer positions, and provided new guidance to help improve the consistency and comparability of this disclosure. Thu 04 Nov 2021 https://mbsecurities.ca/news/current/58-313.html https://mbsecurities.ca/news/current/51-107.html Les autorités en valeurs mobilières du Canada lancent une consultation sur des obligations d’information liée au changement climatique Mon 18 Oct 2021 https://mbsecurities.ca/news/current/51-107.html https://mbsecurities.ca/news/current/issb-2021.html Montreal, Toronto, Vancouver – The Canadian Securities Administrators (CSA) strongly supports the establishment of the International Sustainability Standards Board (ISSB) and the Canadian offer to host the ISSB headquarters in Canada. Thu 07 Oct 2021 https://mbsecurities.ca/news/current/issb-2021.html https://mbsecurities.ca/news/current/rid-2021.html Montreal and Toronto - The Canadian Securities Administrators (CSA) today published amendments that implement eight initiatives to reduce regulatory burden for investment funds. The changes eliminate duplicative requirements, streamline regulatory approvals and processes, and codify frequently granted exemptions from certain requirements. Thu 07 Oct 2021 https://mbsecurities.ca/news/current/rid-2021.html https://mbsecurities.ca/news/current/iec-2021.html Montreal – The Canadian Securities Administrators’ (CSA) annual investor education activity report showcases securities regulators’ ongoing efforts to encourage Canadians to seek out reliable, unbiased information and make informed decisions when investing. Mon 04 Oct 2021 https://mbsecurities.ca/news/current/iec-2021.html https://mbsecurities.ca/news/current/21-330.html TORONTO AND MONTREAL – The Canadian Securities Administrators (CSA) and Investment Industry Regulatory Organization of Canada (IIROC) today published guidance to help crypto trading platforms understand and comply with requirements under securities law and IIROC rules for advertising, marketing and social media use. Thu 23 Sep 2021 https://mbsecurities.ca/news/current/21-330.html https://mbsecurities.ca/news/current/csa-website-2021.html Montreal – The Canadian Securities Administrators (CSA) is pleased to launch its newly refreshed website (www.securities-administrators.ca) as part of the CSA’s continued efforts to streamline and enhance the information and resources available to market participants. Mon 13 Sep 2021 https://mbsecurities.ca/news/current/csa-website-2021.html https://mbsecurities.ca/news/current/esg-roundtable-2021.html TORONTO – The Canadian Securities Administrators (CSA) today announced that it will host a virtual roundtable on environmental, social and governance (ESG) related regulatory issues in asset management on Monday, September 27, 2021 from 1:00 p.m. – 3:00 p.m. ET. Wed 25 Aug 2021 https://mbsecurities.ca/news/current/esg-roundtable-2021.html https://mbsecurities.ca/news/current/41-101cp.html Montreal and Toronto – The Canadian Securities Administrators (CSA) is proposing clarifications to harmonize the interpretation of the financial statement requirements for a long form prospectus. Specifically, the clarifications apply in situations where an issuer has acquired a business, or proposes to acquire a business, that a reasonable investor would regard as being the primary business of the issuer. Thu 12 Aug 2021 https://mbsecurities.ca/news/current/41-101cp.html https://mbsecurities.ca/news/current/25-404.html Vancouver and Toronto – The Canadian Securities Administrators (CSA) today announced its plan to create a new, single self-regulatory organization (SRO) that will provide enhanced regulation of the investment industry. Tue 03 Aug 2021 https://mbsecurities.ca/news/current/25-404.html https://mbsecurities.ca/news/current/45-106-8.html Vancouver – The Canadian Securities Administrators (CSA) is proposing to introduce a new prospectus exemption for issuers listed on a Canadian stock exchange that is expected to provide a more efficient way for them to raise capital. Wed 28 Jul 2021 https://mbsecurities.ca/news/current/45-106-8.html https://mbsecurities.ca/news/current/csa-phishing-alert-2021.html Montreal – The Canadian Securities Administrators (CSA) has been monitoring its systems for unusual activities after several registrants received e-mails that purport to come from CSA staff. Thu 15 Jul 2021 https://mbsecurities.ca/news/current/csa-phishing-alert-2021.html https://mbsecurities.ca/news/current/31-103-7.html Saint John and Toronto – The Canadian Securities Administrators (CSA) published final amendments today that will improve protection of older and vulnerable clients across Canada, by providing registrants with tools and guidance to address situations involving diminished mental capacity or financial exploitation of their clients. Thu 15 Jul 2021 https://mbsecurities.ca/news/current/31-103-7.html https://mbsecurities.ca/news/current/csa-mauritius.html Montreal and Ebene – Members of the Canadian Securities Administrators (CSA) have signed a fintech co-operation agreement with the Financial Services Commission, Mauritius (FSC Mauritius). The members are the securities regulatory authorities in British Columbia, Manitoba, New Brunswick, Nova Scotia, Ontario, Québec and Saskatchewan. Wed 23 Jun 2021 https://mbsecurities.ca/news/current/csa-mauritius.html https://mbsecurities.ca/news/current/45-110-3.html Vancouver – The Canadian Securities Administrators (CSA) today adopted harmonized rules for securities crowdfunding. Wed 23 Jun 2021 https://mbsecurities.ca/news/current/45-110-3.html https://mbsecurities.ca/news/current/csa-enf-2021.html Montreal – The Canadian Securities Administrators (CSA) today released its fiscal year 2020/2021 Enforcement Report, which provides details on enforcement efforts and outlines how securities regulators are protecting investors and the integrity of Canada’s capital markets. Tue 22 Jun 2021 https://mbsecurities.ca/news/current/csa-enf-2021.html https://mbsecurities.ca/news/current/csa-weaad-2021.html Montreal – The Canadian Securities Administrators (CSA) today published results of a new survey that found nearly 29 per cent of Canadians know a victim of financial elder abuse, while 42 per cent said they could not recognize the signs of financial abuse and only 47 per cent knew where to report cases of abuse. Tue 15 Jun 2021 https://mbsecurities.ca/news/current/csa-weaad-2021.html https://mbsecurities.ca/news/current/joint-forum-2021.html Montreal – The Joint Forum of Financial Market Regulators (Joint Forum) held its annual meeting on June 10, 2021. The Joint Forum brings together members of the Canadian Securities Administrators (CSA), the Canadian Council of Insurance Regulators (CCIR), the Canadian Association of Pension Supervisory Authorities (CAPSA) and representatives from the Canadian Insurance Services Regulatory Organizations (CISRO), as well as from the Mortgage Broker Regulators’ Council of Canada (MBRCC). Mon 14 Jun 2021 https://mbsecurities.ca/news/current/joint-forum-2021.html https://mbsecurities.ca/news/current/weaad-2021.html Winnipeg – In recognition of June Seniors Month and World Elder Abuse Awareness Day (WEAAD), the Manitoba Financial Services Agency (MFSA) has convened a panel of local and national experts to offer advice and answer important questions on protecting older Manitobans from financial exploitation and mistreatment. Mon 14 Jun 2021 https://mbsecurities.ca/news/current/weaad-2021.html