Justice Department's indictment of Semion Mogilevich

the protection of investors in securities and promoted observance of United States federal and
state securities laws by its members. The NASDAQ Stock Market was an electronic, computer
screen–based market that enabled securities firms to execute transactions for investors in the
companies that are listed on NASDAQ. Companies that were listed on the NASDAQ were
required to comply with the NASD’s rules and regulations, as well as those of the SEC, in order
to maintain their listing on the NASDAQ.
22. The Alberta Securities Commission (“ASC”) was a governmental
regulatory body in Canada which administered and enforced Canadian securities legislation and
regulations in the province of Alberta, including supervisory oversight of the regulations of the
Alberta Stock Exchange.
23. The Alberta Stock Exchange (“ASE”) was a self-regulatory organization
located in Calgary, Canada that provided a securities market for the trading of securities and
monitored and enforced compliance with the Canadian securities regulations of its exchange.
The ASE had a program for start-up companies with no significant assets or business, known as
Junior Capital Pool ("JCP"), which provided such companies easier access to listing on the ASE
in order to raise capital to conduct business in Canada. Companies had to satisfy and comply with
specific requirements and regulations of the ASE in order to avail themselves of this type of
listing.
24. The Ontario Securities Commission (“OSC”) was a governmental
regulatory body in Canada which administered and enforced securities legislation and regulations
in the province of Ontario, including supervisory oversight of the regulations of the Toronto
Stock Exchange.
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