Capital Markets Institute

Designing a capital markets strategy for Canada

The Capital Markets Institute is a catalyst for increasing efficiency and resilience in Canada's capital markets. Bringing together the expertise of Rotman and the University of Toronto’s Faculty of Law, the CMI is at the forefront of research, debate and education on the most important challenges facing Canadian capital markets. CMI’s activities focus on four areas: Financial Innovation; Governance; Disclosure; and Securities Regulation Reform.

Capital Markets Institute

Through our analyses we seek to provide leadership to the Canadian academic and business communities to channel their resources into meaningful policy improvements. Our focus balances academic analysis with stakeholder input.

About the Capital Markets Institute

Events

We host events throughout the year at the Rotman School to engage academics, practitioners, securities lawyers, regulators on current issues impacting the Canadian capital markets.

CMI Events

Research

We support research on issues affecting Canadian capital markets, with a and the combination of academic analysis and stakeholder input.

Recent Activity

Financial Innovation

Explorations into the promise and the potential perils of passive investing.

The Promise & Perils of Passive Investing: view presentation
The Growth of Passive Investing Worldwide – Implications for Canada: view presentation
Is Common Ownership a Genuine Issue in Asset Management? view presentation

Governance

Explorations into the big governance challenges facing Canadian public companies.

Livent v. Deloitte: Implications For Auditor Responsibility, Governance and Canadian Public Companies: Supreme Court of Canada Decision Deloitte & Touche v. Livent Inc.
Case Overview & Analysis: View presentation

Securities Regulation Reform

Explorations into new regulatory systems proposed for the Capital Markets

Professor Adriana Robertson, Director of Policy & Research presents to the SEC Investor Advisory Committee on Index Funds
CD Howe Intelligence Memo - “The Supreme Court Opens Door to a New Model of Securities Regulation” by Anita Anand
2018 Supreme Court Judgment on pan Canadian securities regulation

Governance

Explorations into the impact of issuers being required to improve their climate-related financial disclosures.

Voluntary Reporting for Environmental Performance- is it working?
View Prof. Alexander Dyck’s Presentation
Insights and Recommendations from the FSB Task Force on Climate-related Disclosure
View Stephanie Leaist Presentation

Thank you to our sponsors

The Capital Markets Institute at the Rotman School relies on the financial support of its sponsors to fund events and research. We would like to thank the following sponsors for their generous support of the CMI.

LEAD SPONSOR

SUPPORTING SPONSORS

Bennett Jones

BMO

CIBC

CPPIB

Manulife

SunLife

RBC

Scotiabank

Rotman Finance Faculty

Global Risk Institute in Financial Services

Goldman Sachs Canada