About BAX Securities Law

BAX Securities Law is a small Toronto firm focused on corporate securities and capital markets work. Barbara Hendrickson founded it in 2012, after roughly twenty years in securities and corporate law that included a period as senior legal counsel at the Ontario Securities Commission plus time at an international law firm and a national law firm. Hendrickson holds a law degree from the University of Calgary, from its third graduating class, along with a Master of Laws in tax from Osgoode Hall Law School and a further Master of Laws from the University of Toronto. Hendrickson was called to the bar in Ontario in 1994 and in British Columbia in 2010.

The firm's practice covers capital markets, securities regulation, investment funds, and corporate finance, with a crypto assets and digital token practice built up since 2017 and newer work in artificial intelligence and whistleblower matters. Rather than billing purely by the hour, the firm says it prices most work on a value driven, firm-estimate basis. Hendrickson also founded the Toronto Business Lawyers Association in 2016, a networking group for lawyers at small and mid-sized Greater Toronto Area firms that meet regularly and reached its tenth year in 2026.

Milestones & recognition

  • Barbara Hendrickson founded BAX Securities Law in 2012 after about twenty years in securities and corporate law, including a period as senior legal counsel at the Ontario Securities Commission.
  • Hendrickson earned a law degree from the University of Calgary, a Master of Laws in tax from Osgoode Hall Law School, and a further Master of Laws from the University of Toronto, and was called to the bar in Ontario in 1994 and British Columbia in 2010.
  • Canadian Lawyer Magazine named BAX Securities Law a Top 10 Corporate Securities Boutique Firm, and the firm has since been included in Best Lawyers' Best Law Firms Canada rankings for 2025 and 2026.
  • Hendrickson founded the Toronto Business Lawyers Association in 2016, a networking group for lawyers at small and mid-sized Greater Toronto Area firms that meet regularly and reached its tenth year in 2026.
  • A lawyer at the firm contributed a chapter on blockchain and smart contracts in trade finance to the legal textbook Law in International Finance.

In the community

  • BAX Securities Law supports the Scott Mission, Sick Kids, Parkinson Canada, the Toronto People with AIDS Foundation, the Alzheimer Society, and the Princess Margaret Cancer Centre.
  • The firm's lawyers are active in the Canadian Bar Association and the Ontario Bar Association, and the firm sponsors events with the Women's Law Association of Ontario.
  • The firm continues to sponsor the regular meetings of the Toronto Business Lawyers Association, the networking group its founder started in 2016 for lawyers at small and mid-sized Greater Toronto Area firms.

Good to know

A person using a wheelchairWheelchair accessibleA professional woman in a suit beside a briefcaseWoman-ownedA laptop showing a video callVirtual appointmentsAn office interior with a desk and chairsIn-person services

This firm’s lawyers at a glance

Called to the bar
1994–2024 · median 24 years in practice 3 of 3 lawyers
Law schools
KIIT University, University of Ottawa 2 of 3 lawyers
Languages on the roster
Cantonese

Frequently asked questions

What areas of law does BAX Securities Law handle?
The firm focuses on corporate securities and capital markets work, including securities regulation, investment funds, corporate finance, crypto assets, financial services regulation, securities litigation and enforcement, real estate syndication, and whistleblower matters.
Does BAX Securities Law work with crypto and blockchain companies?
Yes. The firm has advised on digital asset and blockchain matters since 2017, including crypto trading platform registration, token offerings, and compliance with regulators such as the OSC and FINTRAC.
Can BAX Securities Law help set up an investment fund in Canada?
The firm advises on fund formation and structuring across vehicle types including ETFs, pooled funds, private equity and venture capital funds, and REITs, along with the regulatory registration and compliance work that comes with running one.
How much does an initial consultation with BAX Securities Law cost?
The firm's Legal Strategy Session program offers a free 15-minute consultation, a 1-hour session for $250, and a formal retainer starting at $500.
When was BAX Securities Law founded and who started it?
Barbara Hendrickson founded the firm in 2012 after roughly twenty years in securities and corporate law, including time as senior legal counsel at the Ontario Securities Commission.
Does BAX Securities Law handle whistleblower cases?
Yes. The firm advises people who want to report securities violations to regulators like the OSC or BCSC, whose whistleblower programs can pay rewards of up to $5 million for tips that lead to enforcement action.

Where to find them

30 St. Patrick Street, Suite 700, Toronto, ON M5T 3A3 · 416-601-1004

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Listing compiled from the firm’s public website in July 2026. Verify licence status in the Law Society of Ontario directory ↗