Skip to main content
This website uses cookies. By continuing to use this website you are agreeing to our use of cookies as described in our privacy policy.
Media Coverage

The Bottom Line News quotes Norm Keith in an article about whistleblower initiatives at OSC

Fasken
Reading Time 1 minute read
“Mixed reaction to whistleblower initiatives at OSC” by Jeff Buckstein, The Bottom Line News

The Bottom Line News quotes Toronto partner Norm Keith in an article about whistleblower initiatives at OSC.

Norm Keith, a senior partner with the law firm Fasken Martineau in Toronto isn’t so certain about the program’s eventual success. “Certainly there are good intentions there by the OSC. But I’m not sure adopting the American style bounty program is the best way to go,” he said.

Moreover, “the OSC has got a very poor track record of prosecution for insider trading and further securities fraud. The likelihood of them successfully pursuing either a prosecution or an administrative hearing and penalty as a result of a whistleblower is probably quite low,” said Keith.