Montreal Exchange Inc. today announced that it has received a letter from l’Autorité des marchés financiers (AMF), confirming that it found no evidence of insider trading in MX shares.
In December 2007, the AMF said it would examine possible insider trading in shares of MX before the derivatives exchange announced that it would be taken over by TSX Group.
Following an investigation related to the trading of MX shares by the officers, employees, representatives and mandatories of MX, as well as by any person or corporation having traded the stock, it appears that no breach occurred with regards to the laws and
regulations enforced by the AMF.
Consequently, the AMF indicated to the MX that it has closed its investigation.