Small Business in the US

Western deal might move the ball down the field

Advisor.ca |

In Brief...

An assortment of media reports tell us this weekend's Grey Cup will be the scene of some off-field maneuvering in the securities regulation game.. Alberta Premier Ed Stelmach is reportedly planning to broach the subject of a western securities commission while hosting his opposite number from Saskatchewan, Brad Wall. The rumours also suggest that Manitoba might be included - let's watch for Premier Greg Selinger in the same box as Wall and Stelmach. The argument is put forth that western securities commissions are more familiar with these small cap companies, and that expertise makes a Western Securities Commission preferable to a national one. A better explanation for the creation of a Western Securities Commission would be that it would create a beast with a similar heft as the Ontario Securities Commission and the Autorite des marches financiers (note that Jean Charest has been left out of the rumoured Grey Cup meeting).

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