Securities Regulation

This course will cover, from a practitioner’s perspective, the key aspects of the law in Canada that governs the use of public capital markets by corporations and other business organizations. The course begins with an account of the development, scope and enforcement of securities regulation, and the role and responsibilities of market participants. Subsequent topics covered include: requirements for raising capital through an offering of securities to the public, including disclosure; ongoing continuous disclosure requirements for reporting issuers and insider trading; shareholder democracy and corporate governance issues under securities law; and the rules governing take-over bids and special transactions affected by conflicts of interest. In this course, we address these topics by examining Canadian securities legislation and related rules and policies, as well as by examining leading cases from the courts and Canadian securities regulators on key aspects of securities regulation.