Shahen Mirakian

Partner
McMillan LLP

SHAHEN MIRAKIAN is a partner in McMillan's Financial Services Group with a practice focused on derivative products; dealer and adviser registration and compliance; and investment funds. He has also completed a secondment providing legal support to the equity derivatives group of a leading Canadian bank where he worked on transactions involving public companies and investment funds. Shahen is involved in all aspects of structuring and documenting of a broad range of derivative products, particularly equity and energy derivatives. He represents all types of counterparties including Canadian and international banks and brokers, sovereign entities, public and private investment funds and end users. Additionally, he is experienced in preparing and reviewing security arrangements for the collateralization of over-the-counter derivatives. Shahen also has considerable experience in advising derivatives and securities market participants on Canadian dealer and advisor registration requirements. He has assisted physical metals brokers, futures commission merchants, foreign exchange dealers, investment fund managers and US financial institutions in navigating the rapidly changing Canadian registration and compliance regime. He regularly deals with securities regulators, self-regulatory organizations, anti-money laundering authorities, exchanges and clearing agencies. Shahen is particularly experienced in representing lenders in respect of margin loans collateralized by control block securities of TSX-listed issuers. He is familiar with the securities, stock exchange, secured transactions, insolvency and tax issues involved in these transactions and has assisted domestic and international lenders on transactions ranging from $50 million to over $1.2 billion in size. Shahen was appointed in January 2013 to a three year term on the Securities Advisory Committee of the Ontario Securities Commission. He was appointed to this committee for his particular expertise in derivatives and novel financial products. Shahen has successfully completed the Level I, II and III Chartered Financial Analyst (CFA) examinations and the Level I and II Chartered Alternative Investment Analyst (CAIA) examinations.