On June 16, the Alberta Securities Commission issued orders pursuant to the reciprocal enforcement section of the Alberta Securities Act against Michael Ernst Ruge and Chivas Hedge Fund Ltd.In a settlement agreement with the British Columbia Securities Commission in 2005, Ruge and Chivas admitted to making misrepresentations and engaging in a $1.5 million illegal distribution […]
Bill brings transfer laws under a single act
Even though minor deficiencies still exist, they did not detract from reports’ overall acceptability
Appointees include ex-Supreme Court justice
Year-to-date results are stronger than budget targets
Gorrie given one-year ban for illegal insider trading
Park illegally distributed securities worth $8.5 million
Archer placed under house arrest
Regulators allege misleading documents used to solicit investments
Firms would have no physical presence in Canada