CALGARY, May 10, 2013 /CNW/ - The Alberta Securities Commission (ASC) has reciprocated bans imposed by the British Columbia Securities Commission (BCSC) on JV Raleigh Superior Holdings Inc., Ingram Jeffrey Eshun and Maisie Smith (a.k.a. Maizie Smith).
An ASC panel ordered that Eshun and Smith be, among other things, permanently banned from trading in or purchasing securities or exchange contracts, acting as a director or officer of any issuer or registrant, and acting as a registrant or promoter. The ASC panel also ordered that all trading in or purchasing of JV Raleigh Superior Holdings securities permanently cease.
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
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