ASC adds a whistleblower program to its enforcement toolbox LeapRate

November 21, 2018 BY Valentina Kirilova

ASC adds a whistleblower program to its enforcement toolbox

The Alberta Securities Commission (ASC) has announced the creation of its whistleblower program and the Office of the Whistleblower (OWB) through the adoption of ASC Policy 15-602 Whistleblower Program and accompanying amendments to the Securities Act (Alberta) (contained within Bill 20). The program allows whistleblowers to safely and easily report potential breaches of Alberta securities…

June 13, 2018 BY Valentina Kirilova

Alberta Securities Commission appoints new General Counsel

The Alberta Securities Commission (ASC) has announced the appointment of Samir Sabharwal as General Counsel, effective immediately. Mr. Sabharwal has been serving as Acting General Counsel since the May 2018 appointment of Kari Horn to the role of Vice-Chair. Samir is highly qualified for this role, having served as the ASC’s Associate General Counsel for…

February 22, 2017 BY Valentina Kirilova

Canada's Joint Serious Offences Team makes first arrest in fight against financial crime

The Alberta Securities Commission (ASC) and the Alberta RCMP announced that Neil Andrew McDonald of Calgary has been charged with alleged breaches of the Criminal Code following an investigation by the Joint Serious Offences Team (JSOT) in Alberta. McDonald has been criminally charged with seven counts of fraud over $5,000 contrary to section 380(1)(a), one…

January 11, 2017 BY LeapRate Staff

Unregulated brokers and Binary Options scams lead ASC retail investor risks for 2017

Canadian securities regulator the Alberta Securities Commission (ASC) has issued its list of Top 5 risks for retail investors and traders in 2017. And, it includes a number of issues which have been at the forefront of the news of late among some of the other provincial securities and financial regulators across the country. Both…

Tag: ASC