> Which let's the Texas of Canada, Alberta, run it's own stock exchange with much looser listing requirements and security requirements. This Texas exchange will not have that advantage.
One point of note, there hasn't been an Alberta stock exchange since 1999. The Toronto stock exchange bought the Vancouver, Alberta and small cap option market form Montreal and merged them into one stock exchange called the Toronto Venture stock exchange.
Its head quarters are in Calgary but its computer are located in Ontario and its under IIROC supervision and rules. And the BC and Alberta government co regulate it but their securities commission rules aren't what's followed, its the IIROC rules that apply.
The Canadian Venture Exchange was absolute anarchy, and that was compared to the already lax Toronto exchange that had been chock full of sketchy mining stocks, the poster child of which was Bre-X.
One point of note, there hasn't been an Alberta stock exchange since 1999. The Toronto stock exchange bought the Vancouver, Alberta and small cap option market form Montreal and merged them into one stock exchange called the Toronto Venture stock exchange.
Its head quarters are in Calgary but its computer are located in Ontario and its under IIROC supervision and rules. And the BC and Alberta government co regulate it but their securities commission rules aren't what's followed, its the IIROC rules that apply.