Follow the leader
Canada's regulators have historically followed changes in US securities law, but the prescriptive nature of the Sarbanes-Oxley Act has caused them to think again. Rob Nicholls looks at the dilemma for local regulators that has echoes worldwide
Although 2002 saw a number of significant regulatory initiatives in Canada come to fruition, the regulatory initiative that has undoubtedly grabbed the most headline space in Canadian capital markets is the US’ enactment of the Sarbanes-Oxley Act and the attendant rule-making exercises that the Securities and Exchange Commission (SEC) has undertaken.
This premium content is reserved for
Legal Week Subscribers.
Subscribe today and get 10% off.
A PREMIUM SUBSCRIPTION PROVIDES:
- Trusted insight, news and analysis from the UK and across the globe
- Connections to senior business lawyers within the leading law firms and legal departments
- Unique access to ALM's unrivalled, market-leading reporting in the US and Asia and cutting-edge research, including Legal Week's UK Top 50 and Global 100 rankings
- The Legal Week Daily News Alert, Editor's Highlights, and Breaking News digital newsletters and more, plus a choice of over 70 ALM newsletters
- Optimized access on all of your devices: desktop, tablet and mobile
- Complete access to the site's full archive of more than 56,000 articles
Already have an account? Sign In Now
For enterprise-wide or corporate enquiries, please contact Paul Reeves on Preeves@alm.com or call on +44 (0) 203 875 0651