CALGARY, March 29, 2012 /CNW/ - The Alberta Securities Commission (ASC) has issued a Notice of Hearing alleging that Randy Hubert Rosen breached Alberta securities laws and acted contrary to the public interest by engaging in unregistered advising and dealing in securities.
ASC staff allege that between August 2009 and December 2011, Rosen engaged in unregistered advising and dealing when he provided investment advice to individual investors and maintained more than forty investment accounts for their benefit when not appropriately registered with the ASC.
An appearance to set a date for a hearing will be held on April 11, 2012, at 3:30 p.m. in the ASC Hearing Room on the 5th floor, 250 - 5th Street S.W., Calgary, Alberta.
A copy of the Notice of Hearing can be found on 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 Media Inquiries:
Senior Communications Advisor
For Investor Inquiries:
ASC Public Inquiries
Toll Free 1.877.355.4488