Firm failed to submit risk assessment questionnaire
Mutual fund managers would need to register with AMF
Quebec regulators are aggressively delving into the wreckage of the once lauded fund
The AMF goes after the scheme’s architects, who are accused of painting false financial portraits of the companies involved
The AMF is seeking prison terms and fines totalling more than $2.5 million, as well as costs
A total of 682 charges are being laid against five individuals, carrying a total of $551.5 million in fines
More than 400 charges have been laid against a foursome who allegedly fleeced celebrities
The Quebec Court of Appeal has approved a request from Quebec’s securities regulator to appeal the reduced fraud sentence of former Norbourg head Vincent Lacroix.The hearing before the appeal court justices will take place on December18.Written arguments from the Autorité des marchés financiers (AMF) are to be submitted by October 17 and lawyers for Lacroix, […]
The Autorité des marchés financiers says it is seeking to appeal the court decision reducing the sentence imposed on the founder of failed mutual fund firm Norbourg by 42 months.On Dec.11, 2007, Judge Claude Leblond found Norbourg founder, Vincent Lacroix, guilty on the 51 charges brought against him by the AMF on March 9, 2006. […]
Quebec’s Autorité des marchés financiers (AFM) held a training seminar on emerging issues in insider trading and market manipulation as part of its effort to step up the fight against these sorts of activities.The AMF said that experts from the U.S. Securities and Exchange Commission, the Financial Industry Regulatory Authority and the Commodity Futures Trading […]