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04/16/12 12:51 PM

#177520 RE: WATERLOOO #177513

If people live in Alberta hold JBI stock, and want to trade their shares, they may be prevented from selling. It depends on the type of Cease Trade Order that is issued.

If there is a CTO in Alberta, Alberta residents would definitely be prevented from buying.

That's the way securities regulation works in Canada -- province by province.

And yes, Canadian provincial authorities can prevent their residents from trading stocks in the USA. Broker dealers are set up to handle that province by province.

If Canadians aren't sure about this, they might want to call their broker/dealer and ask them about it.

Laugh all you want --- call your broker if you don't believe the content of this post