CALGARY, July 12, 2018 /CNW/ - The Alberta Securities Commission (ASC) has extended the Interim Cease Trade Order that was issued March 16, 2018 against Nicholas John Felgate.
The Extending Order prohibits Felgate from trading in all securities and from using any exemptions contained in Alberta securities laws.
The Extending Order is in effect until any proceeding initiated pursuant to the Act, including a trial in respect of an offence, is finally determined or otherwise concluded.
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 with protecting 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
For further information: please contact: For Media Inquiries: Alison Trollope, Director, Communications & Investor Education, 403.297.2664; For Investor Inquiries: ASC Public Inquiries, Toll Free 1.877.355.4488