The Alberta Securities Commission (ASC) has reciprocated a British Columbia Securities Commission (BCSC) order and banned trading in Goldstone Private Equity Partners Limited Partnership securities until the BCSC order is revoked.
An ASC panel based the reciprocal order on a March 11, 2009 BCSC order that banned trading in Goldstone Private Equity Partners L.P. securities until the company files an updated offering memorandum with the BCSC and the BCSC’s executive director revokes the cease trade order.
The ASC panel also noted evidence from ASC staff that in 2007 and 2008 Goldstone Private Equity Partners L.P. raised approximately $2.45 million from 53 Alberta investors.
The ASC panel concluded that reciprocating the BCSC order would serve to protect Alberta investors and the Alberta capital market.
IE
ASC issues trading ban against B.C.-based Goldstone Private Equity Partners
Limited partnership has raise $2.45 million from 53 Alberta investors
- By: IE Staff
- December 18, 2009 December 18, 2009
- 11:20
IE Staff