CALGARY, Jan. 15, 2015 /CNW/ - The Alberta Securities Commission (ASC) has accepted the surrender applications of Rosehall Exempt Market Solutions Inc. (Rosehall) and Harpreet Thiara, as the Ultimate Designated Person of Rosehall, effective January 9, 2015. The surrender applications were received in the context of hearing proceedings in which ASC staff were seeking to suspend or terminate the registration of Rosehall as an exempt market dealer.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and with protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
SOURCE Alberta Securities Commission