CALGARY, Aug. 21 /CNW/ - The Alberta Securities Commission (ASC) has
issued an Interim Cease Trade Order against David John Del Bianco. The order
also prohibits Del Bianco from using any Alberta securities law exemptions.
An ASC panel issued the Interim Cease Trade Order after ASC Staff alleged
that Del Bianco sold and attempted to sell securities of Equal Rights Legal
Defence Alliance Inc. to Sylvan Lake residents in May and August of this year.
Neither Del Bianco nor Equal Rights are registered to trade in securities and,
pursuant to an earlier ASC order, Equal Rights securities remain cease traded.
The Interim Cease Trade Order will expire within 15 days, unless extended
by the Commission.
A copy of the Interim Cease Trade 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.
For further information:
For further information: For Media Inquiries: Mark Dickey, Senior
Communications Advisor, (403) 297-4481; For Investor Inquiries: ASC Public
Inquiries, (403) 297-4296; Toll Free 1-877-355-4488