|By PR Newswire||
|December 5, 2013 06:00 PM EST||
CALGARY, Dec. 5, 2013 /CNW/ - The Executive Director of the Alberta Securities Commission (ASC) has withdrawn allegations contained in a September 20, 2013 Notice of Hearing involving Poseidon Concepts Corp.
The ASC is the regulatory agency responsible for administering the province's securities laws. It is entrusted to foster a fair and efficient capital market in Alberta and to protect investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate and harmonize the regulation of Canada's capital markets.
SOURCE Alberta Securities Commission