Canada:
The High Price Of Cooperation: Davies Comments On The Latest Capital Markets Act
29 December 2015
Davies Ward Phillips & Vineberg
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Davies has submitted a comprehensive comment letter on the
revised draft Capital Markets Act proposed to be enacted
by the participating provinces and territory. Our comment letter
raises concerns over significant substantive changes to Ontario
law, an inadequate consultation process, and the Act's broad
extraterritorial reach and adoption of sweeping regulatory powers
and regulatory discretion.
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