Industry

OSC to change foreign offering disclosure requirements

The Ontario Securities Commission (OSC) announced today that it is publishing for a 90-day comment period proposed rule amendments that will remove certain Canadian-specific disclosure requirements for offerings of foreign securities made in Ontario on a private placement basis to sophisticated investors.

By Staff |April 25, 2013

1 min read

Nasdaq facing $10m fine for Facebook flop

The Financial Times reports Nasdaq faces an SEC fine of up to $10 million for its role in the Facebook IPO debacle.

By Staff |April 25, 2013

1 min read

Canada needs new approach to innovation gap

Canada should consider adopting an "Innovation Box" approach to encourage business investment in innovative processes that improve productivity, growth, and incomes, according to a new report released from the C.D. Howe Institute.

By Staff |April 25, 2013

2 min read

Citigroup execs avoid another scrum over pay scheme

At last year’s shareholder meeting, Citigroup’s executives ran into a brick wall over their pay scheme, with more than half of investors putting up resistance. This year was different: over 90% approved, reports the Financial Times.

By Staff |April 25, 2013

1 min read