Financial Post mentions Fasken in an article on the Canadian securities regulation.
One of Toronto’s leading law firms, Fasken, filed a statement essentially saying they had already responded to similar proposals from the CSA.
In November 2019, the OSC released its 100-page report, titled Reducing Regulatory Burden in Ontario’s Capital Markets, including 107 decisions and recommendations. On Jan. 8, 2020, Fasken distributed its response to the CSA proposals to reduce regulatory burden, a 45-page critique that said the proposals would not reduce or could actually increase the regulatory burden. It also said “the cost-benefit analysis provided by the OSC is flawed.”