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Alberta Securities Commission sounds a little dysfunctional
Internal Administrator
Posted: Friday, August 12, 2011
Joined: 10/12/2010
Posts: 5780

Posted: 3/23/2005 5:38:42 PM

By: jurisper

"The route to the top was to flatter the chair, wear low-cut blouses and shake what you've got."


Among the complaints current and former staff reported to Mr. Mack, sources say, are allegations that executive managers obstructed the work of enforcement staff by directly influencing whether the regulator would pursue cases against certain companies and individuals.

"Every week we had to justify our cases. It was routine that staff was asked to drop cases," said a source familiar with the regulator who asked not to be named for fear of reprisal. "It was made clear that certain people and companies were not to be troubled and were being protected from regulatory activity."


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