SECURITIES COMMISSIONS - Powers - Investigations and examinations - Disclosure by Commission

Law360 Canada (December 7, 2020, 9:25 AM EST) -- Appeal by the defendants from a decision of the British Columbia Securities Commission that released documents obtained during a securities investigation to a firm of solicitors. The executive director of the Commission issued a temporary cease-trading order. The Commission determined to hold a public hearing before extending the order. The respondent law firm applied for access to nine exhibits, including two news releases and seven affidavits, filed at the hearing. It intended to use the documents to advance a class action against the subjects of the investigation....
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