Securities Law & Instruments

OSC Bulletin Volume 40, Issue 27 (July 6, 2017)

(published weekly on behalf of the OSC by Carswell)

Table of Contents


Chapter 1 Notices / News Releases 5705
1.1 Notices 5705
1.1.1 CSA Staff Notice 23-318 Withdrawal of Proposed Amendments Regarding Best Execution Disclosure under National Instrument 23-101 Trading Rules 5705
1.2 Notices of Hearing (nil)
1.3 Notices of Hearing with Related Statements of Allegations 5707
1.3.1 Electrovaya Inc. and Sankar Das Gupta – s.127 5707
1.4 News Releases (nil)
1.5 Notices from the Office of the Secretary 5711
1.5.1 Pro-Financial Asset Management Inc. et al. 5711
1.5.2 Electrovaya Inc. and Sankar Das Gupta 5711
1.5.3 Electrovaya Inc. and Sankar Das Gupta 5712
1.6 Notices from the Office of the Secretary with Related Statements of Allegations (nil)
Chapter 2 Decisions, Orders and Rulings 5713
2.1 Decisions 5713
2.1.1 TransCanada Corporation et al. 5713
2.1.2 Buffalo Coal Corp. 5720
2.1.3 LOGiQ Growth and Income Class et al. 5723
2.1.4 Excel Funds Management Inc. et al. 5728
2.1.5 Sprott Asset Management LP and SPR & Co LP 5729
2.1.6 Manulife Asset Management Limited et al. 5733
2.2 Orders 5740
2.2.1 Pro-Financial Asset Management Inc. et al. 5740
2.2.2 Sprott Inc. – s. 6.1 of National Instrument 62-104 Take-Over Bids and Issuer Bids 5740
2.2.3 Sirius XM Canada Holdings Inc. 5743
2.2.4 Mood Media Corporation 5744
2.2.5 Canyon Services Group Inc. 5748
2.2.6 Mountain Lake Minerals Inc. – s. 144 5749
2.2.7 Western Areas Limited 5751
2.2.8 Sirius XM Canada Holdings Inc.– s. 1(6) of the OBCA 5753
2.3 Orders with Related Settlement Agreements 5755
2.3.1 Electrovaya Inc. and Sankar Das Gupta – s. 127(1) 5755
2.4 Rulings 5771
2.4.1 Evolution Markets Futures LLC– s. 38 of the CFA 5771
2.4.2 J.P. Morgan Securities LLC and J.P. Morgan Securities PLC. – s. 38 of the CFA and s. 6.1 of Rule 91-502 Trades in Recognized Options 5782
Chapter 3 Reasons: Decisions, Orders and Rulings 5795
3.1 OSC Decisions 5795
3.1.1 Electrovaya Inc. and Sankar Das Gupta – s. 127(1) 5795
3.2 Director's Decisions (nil)
3.3 Court Decisions (nil)
Chapter 4 Cease Trading Orders 5799
4.1.1 Temporary, Permanent & Rescinding Issuer Cease Trading Orders 5799
4.2.1 Temporary, Permanent & Rescinding Management Cease Trade Orders 5799
4.2.2 Outstanding Management & Insider Cease Trading Orders 5799
Chapter 5 Rules and Policies

5801

5.1.1 Amendment to National Instrument 94-101 Mandatory Central Counterparty Clearing of Derivatives 5801
Chapter 6 Request for Comments 5815
6.1.1 CSA Notice and Request for Comment Relating to Designated Rating Organizations 5815
6.1.2 OSC Notice and Request for Comment Relating to Designated Rating Organizations – Proposed Amendments to OSC Rule 33-506 (Commodity Futures Act) Registration Information 5877
Chapter 7 Insider Reporting 5881
Chapter 9 Legislation (nil)
Chapter 11 IPOs, New Issues and Secondary Financings 5979
Chapter 12 Registrations 5987
12.1.1 Registrants 5987
Chapter 13 SROs, Marketplaces, and Clearing Agencies and Trade Repositories 5989
13.1 SROs 5989
13.1.1 IIROC – Amendments Respecting Best Execution – Notice of Commission Approval 5989
13.1.2 IIROC – Proposed Amendments Relating to Client Identification and Verification Requirements – Request for Comment 5990
13.2 Marketplaces 5991
13.2.1 Nasdaq CXC Limited – Nasdaq CXD – Changes to Form 21-101F2 to Reflect the Introduction of a Minimum Quantity Order – Notice of Approval of Proposed Changes 5991
13.3 Clearing Agencies (nil)
13.4 Trade Repositories (nil)
Chapter 25 Other Information 5993
25.1 Consents 5993
25.1.1 DV Resources Ltd. – s. 4(b) of Ont. Reg. 289/00 made under the Business Corporations Act 5993
Index 5995