Reports to be prepared semi-annually
Investor compensation fund logs more than 600 claims
Equisure Financial Network Inc. today announced an agreement with the Autorité des marchés financiers that will conclude an enquiry, begun last March, into the business practices of the property and casualty insurance brokerages that Equisure represents in Quebec.Under its agreement with the AMF, Equisure has agreed to pay $800,000 to strengthen its consumer disclosure practices […]
Begins proceedings against Ressouces Allican director
IDA suspends securities firm
Move designed to protect investors, Quebec regulators say
New rules to focus on disclosure of ties between brokers and insurers
Regulator concerned with insurer’s financial position
The Autorité des marchés financiers reports that, at its request, the Québec Finance Minister has appointed Jean Robillard of Raymond, Chabot, Grant, Thornton, as the provisional administrator of Mount Real Corp., Valeurs mobilières iForum and Services financiers iForum. Also, at the request of the AMF, the Bureau de décision et de révision en valeurs mobilières […]
The Autorité des marchés financiers yesterday launched a $94 million lawsuit against Vincent Lacroix, the founder of the Norbourg group of companies, accusing him of misappropriating millions from the Montreal-based money management firm.Quebec’s main securities regulator is claiming $84 million from Lacroix for losses incurred by investors and $10 million in punitive damages. The AMF […]