AMF

How one top producer got away with bad behaviour

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 […]

By Conseiller.ca Staff |November 2, 2016

1 min read

Industry

AMF imposed almost $9 million in penalties last year

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.

By Staff |June 4, 2015

1 min read

Industry

Amaya underwriters paid unusually high premium

Gaming company Amaya got a plum deal from its underwriters when it bought online gambling company Oldford Group, says one securities lawyer.

By Melissa Shin |December 12, 2014

5 min read

Industry

RCMP, AMF raid Amaya, Canaccord Genuity, Manulife

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.

By Melissa Shin |December 11, 2014

2 min read

Unregistered rep faces 11 AMF charges, fine

The Autorité des marchés financiers (AMF) has launched a penal proceeding against Sylvain Laroche, born August 6, 1961*, for illegal distributions and illegal practice as a securities dealer and derivatives adviser. He’s now facing 11 charges, and the AMF is seeking $432,000 in fines from him. Laroche allegedly convinced two investors to make investments in […]

By Staff |June 1, 2012

1 min read

AMF seeks $1.3 million fine, jail time

The Autorité des marchés financiers (AMF) has launched penal proceedings in the judicial district of Iberville against Richard Longpré for violations in connection with illegal distributions. The AMF filed 133 charges and is seeking fines totalling $1,305,000 and a prison term. More specifically, the AMF accuses Longpré of acting illegally as a securities dealer on […]

By Staff |July 19, 2011

2 min read

AMF seeks $1.8 million fine, prison term

The Autorité des marchés financiers (AMF) has launched penal proceedings in the judicial district of Saint-Hyacinthe against Claude Mercier for violations in connection with illegal distributions. The AMF has filed 84 charges and is seeking fines totalling $1,845,000 and a prison term. More specifically, the AMF accuses Claude Mercier of acting illegally as a securities […]

By Staff |June 22, 2011

1 min read

AMF suit seeks $376,000 fine

The Autorité des marchés financiers (AMF) has launched penal proceedings against Hooshang Imanpoorsaid and is seeking fines totalling $376,000. The AMF alleges that Hooshang Imanpoorsaid illegally pursued activities as a securities dealer on 19 occasions and made 13 illegal distributions, mainly debt securities bearing an interest rate of as high as 18%. The AMF further […]

December 22, 2010

1 min read

AMF

How one top producer got away with bad behaviour

AMF imposed almost $9 million in penalties last year

Amaya underwriters paid unusually high premium

RCMP, AMF raid Amaya, Canaccord Genuity, Manulife

Advisors must answer all the AMF’s questions: ruling

Unregistered rep faces 11 AMF charges, fine

AMF warns against unregistered forex sites

AMF seeks $1.3 million fine, jail time

AMF seeks $1.8 million fine, prison term

AMF suit seeks $376,000 fine