ASC suspends Frank Capital Partners' registration

CALGARY, Feb. 24, 2012 /CNW/ - The Executive Director of the Alberta Securities Commission (ASC) has temporarily suspended the registration of Frank Capital Partners Inc., an Exempt Market Dealer, effective immediately.  Frank Capital Partners' registration is suspended for 15 days, unless extended by the Executive Director. During this time, Frank Capital Partners and its individual sales representatives are prohibited from carrying on the activities of a registered dealer of securities.

The Executive Director will consider whether the suspension of Frank Capital Partner's registration should be permanent at a hearing set for March 9, 2012.

A copy of the interim order has been posted to the ASC website at www.albertasecurities.com

The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect 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

For further information:

For Media Inquiries:

Lorinda Brinton
Senior Communications Advisor
403.297.2665

For Investor Inquiries:

ASC Public Inquiries
Toll Free 1.877.355.4488


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.