In c2963 disseminated May 2, 2013 at 13:03e, please note that the paragraph under the heading "Alberta Exempt Market Industry Committee (AEMIC)" has been revised. The National Exempt Market Association (NEMA) would like to retract and extend an apology to our members and the entire industry for an error that was made in their news release for incorrectly indicating that the Alberta Exempt Market Industry Committee (AEMIC) was formed as a partnership with securities regulators. To clarify AEMIC is an independent industry initiative that was formed for the purpose of discussing industry related issues including: securities regulations, governance and best practices of the exempt market industry. The committee is not formed, in any partnership or related to any securities regulator as stated in the original release. The headline of the release has also been revised. Corrected copy follows:
What's New with NEMA - New Board of Director: Nick Fournier
CALGARY, May 2, 2013 /CNW/ - The National Exempt Market Association (NEMA) is thrilled to announce the appointment of Nick Fournier to our board of Directors. Nick is the President and a Founder of one of Canada's largest EMDs, Raintree Financial Solutions. His Leadership and involvement will be an asset to NEMA's membership, as well as the industry as a whole.
Alberta Industry Exempt Market Committee (AEMIC)
NEMA would like to thank the efforts of Dean Koeller, who initiated this committee formation and will also be chairing it. AEMIC is an independent industry initiative that was formed for the purpose of discussing industry related issues including: securities regulations, governance and best practices of the exempt market industry NEMA will disseminate this information to our membership base; their first meeting is June 12, 2013. We would like to congratulate the nine new members of AEMIC:
Chair: Dean Koeller, Calvert Home Mortgage
Brian Menges, Caplink
Craig Skauge, Exempt Experts
Craig Bentham, Mission Law
Dave McKitrick, Altawest Mortgage Capital Corp.
Jason Brown, WealthTerra Capital Management
Nick Fournier, Raintree Financial Solutions
Rick Unrau, Pinnacle Wealth Brokers
Supratim (Tim) Das, Omnus Investments
Investor Education Initiative: Exempt Education
NEMA is creating a website and supporting materials for the general public about the Exempt Market. The website is exempteducation.ca, and will officially launch this month. This initiative was born out of NEMA's Education Committee and will provide much needed information to the general public, and be a resource to industry advisors.
Image with caption: "Nick Fournier (CNW Group/National Exempt Market Association)". Image available at: http://photos.newswire.ca/images/download/20130503_C3375_PHOTO_EN_26314.jpg
SOURCE: National Exempt Market Association
For further information:
Cora Pettipas at 403-992-9809 or firstname.lastname@example.org