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People also ask
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What is the Alberta Securities Act?
The Securities Act establishes Alberta's securities laws and provides the Alberta Securities Commission with its mandate, powers, and duties.
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What is the purpose of the Securities Act?
The Securities Act of 1933 (as amended, the “Securities Act”) was passed to ensure that investors have financial and other important information about securities that are being sold publicly. It also bans the use of fraud, deceit, and misrepresentation in the sales of securities.
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What is the purpose of securities law in Canada?
Effective securities regulation is key to investor protection and efficient, vibrant and competitive national and local capital markets.
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What does the Alberta Securities Commission do?
The ASC is the industry funded regulatory agency responsible for administering the province's securities laws, including the Securities Act (Alberta), the Securities Regulation and the ASC Rules. It is entrusted with fostering a fair and efficient capital market in Alberta, and with protecting investors.
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What is the Personal Property and security Act in Alberta?
The Personal Property Security Act (PPSA) of Alberta, Chapter P-7, establishes a legal framework for the creation, perfection, priority, and enforcement of security interests in personal property and fixtures within the province.
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What does the Alberta Securities Commission do?
The ASC is the industry funded regulatory agency responsible for administering the province's securities laws, including the Securities Act (Alberta), the Securities Regulation and the ASC Rules. It is entrusted with fostering a fair and efficient capital market in Alberta, and with protecting investors.
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What is the purpose of the securities Commission?
Mandate: To provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk.
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