Criminal Prosecution, Enforcement Actions, Canada

Enforcement At Last: Charges Laid for Violating Canada’s Russia Sanctions

Stikeman Elliott LLP on 5/30/2025

A Russian expatriate with a Canadian-registered company has been charged by the RCMP under both the Special Economic Measures (Russia) Regulations (“Russia Regulations”) and the anti-money laundering provisions of the...more

Bridging the Week - January 2019 #3

Katten Muchin Rosenman LLP on 1/23/2019

Last week the Securities and Exchange Commission filed an enforcement action against nine defendants related to its 2017 discovery that its Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system used for receiving...more

Double Jeopardy Argument Fails in Ponzi Fraud

Bennett Jones LLP on 1/19/2018

In R. v. Samji, 2017 BCCA 415 [Samji], the B.C. Court of Appeal decided that a $33-million administrative monetary penalty (AMP) assessed by the province’s Securities Commission against a person who had run a massive Ponzi...more

Bridging the Week - September 2015 #2

Katten Muchin Rosenman LLP on 9/22/2015

CFTC Says Virtual Currencies Are a “Commodity” Under Federal Law, Files Charges Against Coinflip for Operating an Unregistered Bitcoin Options Trading Platform - The Commodity Futures Trading Commission filed and...more

OSC Affirms Breadth of Inter-Jurisdictional Enforcement Power, Limits on Sanctions in Conrad Black Case

Blake, Cassels & Graydon LLP on 3/12/2015

The recent decision in Re Conrad M. Black et al. illustrates how the Ontario Securities Commission (OSC) will use its inter-jurisdictional enforcement authority to impose sanctions relating to conduct in other jurisdictions...more

Federal Prosecutors Charge Canadian Trader in “Layering” Scheme

Katten Muchin Rosenman LLP on 1/28/2015

The US Attorney for the District of New Jersey recently filed criminal securities and wire fraud charges against a Canadian man, Aleksandr Milrud, alleging that he engaged in a fraudulent scheme to manipulate the stock...more