CALGARY, Oct. 22 /CNW/ - The Alberta Securities Commission (ASC) has reciprocated a Saskatchewan Financial Services Commission order and permanently banned Saskatchewan-based Tri-Link Consultants Inc. and Klaus Link from trading in securities or exchange contracts and from using any Alberta securities laws exemptions.
The ASC panel issued the reciprocal orders on the basis that "the Respondents' capital market misconduct in Saskatchewan had ties to other Canadian jurisdictions, including Alberta" and the panel was "persuaded that the Respondents pose a risk of harm to Alberta investors and the Alberta capital market."
A copy of the decision is available on the ASC website at www.albertasecurities.com.
The ASC is the regulatory agency responsible for administering the province's securities laws. 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 protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital.
SOURCE Alberta Securities Commission
For further information: For further information: For Media Inquiries: Mark Dickey, Senior Communications Advisor, (403) 297-4481; For Investor Inquiries: ASC Public Inquiries, Toll Free 1-877-355-4488