Alberta Securities Commission (ASC)
The Alberta Securities Commission is the regulatory agency responsible for administering the province’s securities laws. At WE Seniors Edmonton, 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!
March 2026
March is Fraud Prevention month! Every March, organizations across Canada come together for Fraud Prevention Month, a national initiative aimed at helping people spot, avoid, and report fraud. While the tactics used by fraudsters continue to evolve, understanding how scams happen and recognizing the warning signs early is an important part of protecting yourself and those you care about.
In this month’s edition:
- Latest investor article – What Fraud Prevention Month means for Alberta investors
- Virtual workshops – Register for upcoming Fraud Prevention Month sessions on recognizing and avoiding investment scams
- Regulator news – ASC warns public about suspected investment scheme called BG Wealth Sharing
- Resource spotlight – 31 Common Investment Scams and Red Flags
What Fraud Prevention Month means for Alberta investors
Investment fraud remains one of the most financially damaging forms of fraud in Canada. Losses can be large, and the recovery is most often impossible. For many Albertans, the impact goes beyond money, affecting trust, confidence, and long-term financial security.
Fraud Prevention Month is an opportunity to learn how investment scams operate and how to recognize the warning signs. Understanding tactics like reassurance, trust, and urgency help prevent financial loss. Staying informed and taking time to verify before investing makes Alberta a harder place for fraudsters to operate.
Investor Alert: ASC warns public about suspected investment scheme called BG Wealth Sharing
The Alberta Securities Commission (ASC) is warning the public about a suspected investment scheme called BG Wealth Sharing, which is linked to a web based trading platform known as DSJ Exchange (DSJ EX).
The scheme, promoted through social media and messaging apps, presents itself as a hedge fund that claims to use AI generated trading signals to produce guaranteed or near perfect trades. It also promises to rapidly double investors’ money. Neither BG Wealth Sharing nor DSJ EX are registered in Alberta to facilitate the buying or selling of investments or securities or to provide investment advice.
How Canadians are investing is changing: Here’s what you should know
Younger investors are entering the market earlier and relying on digital tools to guide their decisions, while older Canadians are adjusting how they manage retirement income as life expectancies, and living and care costs, continue to grow.
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 – Fraud Prevention Month: Recognizing and avoiding investment scams in partnership with the Edmonton Public Library
Monday, March 16, 2026 | 6:30 – 7:30 p.m.
Investing can be part of a healthy financial future, providing you with greater personal freedom, a healthy retirement, a sense of security or the ability to afford the things you want in life. Investment fraud can jeopardize those goals, but there are ways that you can protect yourself. Join us to discover the steps fraudsters rely on and learn how to help your friends, family and yourself stay clear from investment fraud.
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 does KYC stand for?
Know Your Client (KYC) rule is a requirement which ensures that advisers know detailed information about their clients’ risk tolerance, investment knowledge and financial position. This information is collected on forms and is designed to protect both clients and advisers.
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.