Q&A: Canada Derivatives Plan Could Reshape Activist Campaigns

In a recent interview with The Deal, Aaron Atkinson discusses key implications of new disclosure requirements proposed by Canadian securities regulators that could alter how activist investors and hostile bidders use derivatives to build economic exposure to public companies.

Aaron explains how the proposed framework has implications for investors, boards and bidders, impacting the use of cash-settled equity swaps and relationships with swap counterparties and potentially stifling shareholder engagement.

Read the full article on The Deal’s website (subscribers only).