The Autorité des marchés financiers reports that the Bureau de décision et de révision en valeurs mobilières issued a decision freezing the funds of Martin Tremblay.
The AMF says that on February 10, the BDRVM issued an decision ordering BMO Nesbitt Burns, MRF Consulting Ltd, the Kenneth W. Salomon Investment Fund Ltd. and Jones Gables & Compagnie Ltée not to dispose of the funds, securities or other assets of Martin Tremblay.
The BDRVM also ordered Tremblay to refrain from withdrawing funds from the accounts belonging to the Kenneth W. Salomon Investment Fund Ltd. and MRF Consulting Ltd. The frozen assets are estimated to total almost $1.3 million.
On January 27, the BDRVM issued a freeze order on the funds, securities and other assets of Tremblay and Dominion Investments. The AMF says it made the request in light of its investigation into Tremblay and Dominion Investments. No allegations have been brought, and nothing has been proven.