Tags » Alberta Securities Commission

ASC eases rules to facilitate crowd-funding

The Alberta Securities Commission is creating an exemption to make it easier for startups and other small businesses to seek crowdfunding.

The regulator will exempt issuers and registered funding portals from prospectus and registration requirements to facilitate startup crowdfunding and eliminate unnecessary barriers to financing for entrepreneurs. 88 more words

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Lutheran Church settles with ASC for misleading investors

The Alberta Securities Commission has reached a settlement with the Lutheran Church-Canada, the Alberta-British Columbia District and others in connection with an investment program that collapsed into insolvency in 2015. 291 more words

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Securities regulator seeking solutions for declining business investment in Alberta

Alberta’s securities regulator is consulting with business leaders about ways to combat declining levels of business investment in the province.

On Thursday, the Alberta Securities Commission announced it is seeking input into “innovative approaches to securities regulation” that will improve access to capital for Alberta businesses. 525 more words

Local Business

Recommended TransAlta directors elected by shareholders despite activist complaints

Power utility TransAlta Corp. shareholders shrugged off the interventions of a U.S. activist investor and elected the company’s preferred slate of directors at its annual meeting. 235 more words


TransAlta vows to defend against 'frivolous' lawsuit as meeting date looms

The chairman of TransAlta Corp. says a lawsuit launched by an American activist investor on Tuesday is a “frivolous tactic” and the power utility intends to defend itself vigorously. 334 more words


Alberta Securities Commission orders Ponzi scheme operators to pay over $4 million

The Alberta Securities Commission says the owner and an employee of a mortgage company that attracted $137 million from investors while operating as a Ponzi scheme must pay more than $4 million in penalties, disgorgements of ill-gotten gains and costs. 201 more words