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Check registration

One of the most important steps you can take before investing is to check the registration of the individual or company offering you the opportunity through the Canadian Securities Administrators National Registration Search. Security industry professionals and firms are required to register with the securities regulator in each province or territory where they do business. If someone offers you an investment opportunity in Alberta they must almost always be registered with the ASC.

Check Registration

Who are the Canadian Securities Administrators?

The Canadian Securities Administrators (CSA) is an umbrella organization of Canada’s provincial and territorial securities regulators whose objective is to improve, coordinate and harmonize regulation of the Canadian capital markets. As a member of the CSA, the ASC works to improve, coordinate and harmonize the regulation of Canada’s capital market.

In addition to the National Registration Search, the CSA also offers the Disciplined List and cease trade orders database, enabling you to see if any disciplinary decisions or cease trade orders have been issued against individuals and/or firms.

Why is checking registration important?

Registration helps protect investors like you from investment fraud because securities regulators will only register firms and individuals if they are properly qualified and comply with investor protection laws. Individuals and firms are registered by category, with each category having different education  and experience requirements, and permits different activities. By checking registration you can verify that the individual or firm:

  • Is registered and qualified to be selling securities in Alberta
  • Does not have any disciplinary decisions or cease trade orders against them
  • Is permitted to be selling the types of securities they are offering you

How to conduct a registration check

STEP ONE: Visit the Canadian Securities Administrators National Registration Search by clicking the Check Registration link below.

STEP TWO: Click on the blue button labelled “Check if an individual or firm is registered” to be taken to the National Registration Search.

STEP THREE: Select whether you’re searching for the registration of an individual or firm.

STEP FOUR: Enter the individuals name or the firm exactly as it is spelled on any documentation or business card provided to you.

STEP FIVE: Review the results and check the following:

  • Are they registered?
  • Is their registration current?
  • Are they subject to any terms and conditions of registration?
  • What category are they registered and what products and services are they permitted to offer?

STEP SIX: Round out your registration check by searching the Disciplined List and Cease Trade Orders database on the CSA website and by searching the ASC’s website for enforcement notices and decisions.

Questions about checking registration?

Checking registration is the most important step you can take before investing. If you have any questions about an individual or firm you have checked or have discovered the individual or firm you are dealing with is not registered, or is offering you something they don’t seem permitted to, contact the Alberta Securities Commission.

inquiries@asc.ca
Telephone: 403.355.4151
Toll free: 1.877.355.4488