The Ontario Securities Commission has released its Emerging Markets Issuer Review. The result will be increased regulation of auditors and underwriters, followed by an unwillingness to underwrite Chinese and other emerging market issuers. Sorry, no mention of the real issue of market manipulation by short sellers (but we have included a link to a great article on the topic).

2011 Canadian Mining Transaction Statistics. The number of transactions was down in 2011, but with a much higher average deal size and expensive M&A multiples.

Inside is an important article on Collateralized Loan Obligations, how the market is burdened by regulation and the resulting impact on economic recovery.