Jan. 26, 2024 - Important guidance on “acting jointly or in concert” in a proxy contest was provided by the British Columbia Securities Commission (Commission) in NorthWest Copper Corp. (December 22, 2023). The Commission declined to find a joint actor relationship between a dissident and another...
Geoffrey Rawle, Zain Rizvi Referenced in Financial Post Article About Bitcoin
Davies lawyers Geoffrey Rawle and Zain Rizvi’s recent client communication on the Canadian Securities Administrators’ (CSA) approach to cryptocurrency offerings is referenced in a recent Financial Post article.
The Post’s article discusses the strength of the CSA’s directive and quotes Geoff and Zain, who say, “The CSA notice itself serves as a warning to the ecosystem of blockchain technology business – buyers, sellers, creators, exchanges and traders – that the days of unqualified, non-exempt ICOs for all cryptocurrency technologies are over.”
Read the Financial Post article.
Related
Dec. 20, 2023 - The federal government has set January 22, 2024, as the effective date for new rules that will require non-exempt private corporations existing under the Canada Business Corporations Act (CBCA) to regularly report to Corporations Canada information regarding individuals who have...