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What is Alberta Securities Commission mean?
The Alberta Securities Commission (ASC) is a regulatory agency which administers and enforces securities legislation in the Canadian province of Alberta.
The ASC also oversees the ICE NGX Canada Inc., the Investment Industry Regulatory Organization of Canada, and the Mutual Fund Dealers Association of Canada. Along with British Columbia, the ASC jointly oversees the operations of the TSX Venture Exchange.
The organization of the ASC is divided into Members and Staff, which includes the Executive Management. Members set policy and recommend changes to the Securities Act and the Securities Regulation, and members act as the commission's Board of Directors. The Staff has responsibility for registering persons and companies, reviewing prospectuses, considering exemption applications and taking enforcement action.
The ASC staff has also created seven advisory committees to act as sounding boards for developing new or amended securities regulation: Exempt Market Dealer Advisory Committee, Derivatives Advisory Committee, Financial Advisory Committee, Market Advisory Committee, Petroleum Advisory Committee, Securities Advisory Committee, and New Economy Advisory Committee.
referencePosted on 23 Sep 2024, this text provides information on Miscellaneous in Stock Exchange related to Stock Exchange. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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