Alberta Securities Commission (ASC)
The Alberta Securities Commission is the regulatory agency responsible for administering the province’s securities laws. At WSAC, we share the ASC’s mission: to foster a fair and efficient capital market in Alberta and protect investors.
UPDATES FROM OUR FRIENDS AT ASC
As part of our commitment to financial wellness and seniors’ fraud prevention, we’re excited to partner with the ASC to bring you valuable resources and updates. From time to time, we’ll be highlighting investment tips and fraud alerts from their organization to help you make informed decisions and stay safe from financial scams.
Below is the update from the ASC!
November 2025
November is Financial Literacy Month, and on the heels of one of Alberta’s largest Ponzi schemes, we’re breaking it down to help you spot red flags and stay one step ahead of today’s most common investment scams.
Inside one of Alberta’s largest Ponzi schemes: How Black Box deceived investors and how to avoid similar scams
When news of an investment scam breaks, it’s sometimes easy to tell ourselves, “That could never happen to me.” Yet each year, many Albertans, both experienced and new to investing, are defrauded in seemingly real investment opportunities.
This article was originally published on the Alberta Securities Commission’s (ASC) investor education website CheckFirst.ca. The ASC is the regulatory agency responsible for administering the province’s securities laws. It is entrusted with fostering a fair and efficient capital market in Alberta and protecting investors. As a member of the Canadian Securities Administrators, the ASC works to improve, coordinate, and harmonize the regulation of Canada’s capital markets.
Upcoming workshops and events
Virtual event – Investing in crypto
Tuesday, November 25, 2025 | 6:30-7:30 p.m.
Are you curious about crypto? Join us to learn the basics of investing in crypto. We’ll go over the basics and leave lots of time for all your questions.
Provided in partnership with Alberta Securities Commission (ASC), the regulatory agency responsible for administering the province’s securities laws. Their mission is to foster a fair and efficient capital market in Alberta and to protect investors.
The link for this event will be sent to all registered customers in the reminder email sent out 24 hours before the event.
Investment Terms Fun Fact
What is considered a takeover bid?
A takeover bid happens when an investor or company offers to buy at least 20% of a company’s voting shares, often with the goal of gaining control. These bids can be friendly (welcomed by the company) or hostile (opposed by the company’s management).
Investment Caution List
Did you know The ASC provides a searchable list of companies and individuals that are not registered in Alberta but appear to be engaging in activities that require registration under Alberta securities laws, or may be an investment scam.