The Alberta Securities Commission has extended an interim cease trade order against Robert John Harris, operating as Harris Agencies, based on allegations that he engaged in illegal trading and distribution of securities in Alberta.

The order prohibits all trading in securities issued by Harris and Harris Agencies, and prohibits Harris and Harris Agencies from trading in all securities and relying on any Alberta securities law exemptions.

An ASC panel issued the original interim cease trade order on April 16, after hearing evidence from ASC staff that Harris, operating as Harris Agencies, distributed securities in Alberta without registration, a prospectus or use of an applicable exemption.

The ASC extended the order on Thursday, determining that this would be in the public interest.

The order will remain in effect until a hearing into this matter is concluded and a decision is rendered, or until otherwise ordered by the ASC.

IE