Third annual campaign launches in September
Compliance reviews uncover deficiencies in data reporting
Deal aims for cooperation between ‘regulatory sandbox’ initiatives
The SEC says in a release that it has obtained an emergency asset freeze to halt an initial coin offering fraud that raised up to US$15 million from thousands of investors since August. The offering falsely promised a 1,354% profit, says the SEC. The commission has filed charges against “a recidivist Quebec securities law violator,” […]
Conseiller.ca has discovered Thibault allegedly defrauded Empire Life from 1986 to 2001, but has never faced criminal charges.
Jacques-André Thibault was banned from the Quebec securities industry for 11 years in 2014, based on 11 offenses committed against three clients. Now, Conseiller.ca has discovered that three other clients complained about Thibault for insurance policies bought between 2004 and 2008. Jacques Duval, a well-known automotive columnist, complained in January 2008 to AIG Life of […]
The Autorité des marchés financiers (AMF) has released its 2014 enforcement report. A total of 64 individuals and 38 firms were sanctioned for various offences, and $8,708,753 in fines, penalties and sanctions were imposed further to AMF intervention.
Gaming company Amaya got a plum deal from its underwriters when it bought online gambling company Oldford Group, says one securities lawyer.
Forbes is reporting that the Royal Canadian Mounted Police and Autorité des Marchés Financiers have raided the Montreal offices of Manulife Financial, Canaccord Genuity and Amaya Gaming Group Inc.
If the Autorité des marchés financiers investigates you or your practice, you're obliged to answer all its questions.