The Autorité des marchés financiers reports that the Bureau de décision et de révision en valeurs mobilières issued, at the AMF’s request, a freeze order and a cease trade order against several firms.The AMF says that the BDRVM issued the freeze on the funds, securities and other assets of Groupe financier Fides inc., La Fiducie […]
The Ontario Securities Commission has ordered 189 officers, directors and other insiders of Nortel Networks to stop trading the company’s stock.The administrative order issued Monday does not suggest any wrongdoing by the insiders.The OSC issued the cease-trade order because of Nortel’s accounting problems.The order is temporary. A hearing is set for April 10 to determine […]
Order extended for 90 days
The Autorité des marchés financiers reports that the Bureau de décision et de révision en valeurs mobilières issued a court order that cease trades companies associated with Mount Real Corp.The AMF says that the order prohibits securities transactions by the Mount Real Corporation, Gestion MRACS ltée, Real Vest Investments Ltd. and Real Assurance Acceptance Corporation, […]
Dealer violated cease trade orders
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 […]
Debentures promise annual return of up to 10.25%
Says no explanation given for substantial drop in assets
Employees sold securities without being registered
Extends temporary cease trade orders