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Bill 198

In 2006 the Ontario legislation amended the Ontario Securities Act through Bill 198.  Bill 198 dubbed the Canadian mini-SOX gives the right to shareholders to sue Public Corporations, Directors and Officers, Influential Persons, and Experts for public disclosures containing material inaccurate, incomplete, misleading, or untimely information.
In addition, the Canadian Securities Administration, which represents the provincial and territorial stock exchanges, has issued the Multilateral Instrument (MI) 52-109. Multilateral Instrument (MI) 52-109 dictates that every issuer must file a separate annual certificate:

  • The chief executive officer.
  • The chief financial officer.

Additional Resources


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905 764 3246

  Budgetary Price Quote
  10 minute scope definition call
  ROI Calculation for your next Audit 
  Sanitized Statement of Work
  Sanitized Audit Report
  Product Literature  
  White Papers and Published Articles
  Please see Ron Lepofsky’s book,
The Manager’s Guide to Web Application Security,
published by Apress Media

The Manager's Guide to Web Application Security is a concise, information-packed guide to application security risks every organization faces, written in plain language, with guidance on how to deal with those issues quickly and effectively.

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