Supreme Court to rule on national regulator this week
The Supreme Court of Canada announced today that its judgment in the reference case regarding the proposed Canadian Securities Act and whether Parliament has the Constitutional authority to create a national regulator will be released on Thursday morning at 9:45 a.m. Check back here on Thursday for coverage of the decision. The Supreme Court heard arguments in the case in April of this year.
For more information, see our earlier posts on the subject:
SCC hearing on national securities regulator: Day 2 (April 14, 2011)
SCC hearing on national securities regulator: Day 1 (April 13, 2011)
Quebec Court of Appeal rules against federal securities regulator (April 1, 2011)
Alberta Court of Appeal finds proposed federal Securities Act unconstitutional (March 8, 2011)
CSTO provides update on federal securities regulation (January 12, 2011)
Proposed federal securities legislation moves Canada a step closer to capital market regulation at a national level (June 8, 2010)
Proposed federal Securities Act outlines framework for regulation of derivatives (May 27, 2010)
