The SEC says in a release that it has obtained an emergency asset freeze to halt an initial coin offering fraud that raised up to US$15 million from thousands of investors since August. The offering falsely promised a 1,354% profit, says the SEC. The commission has filed charges against “a recidivist Quebec securities law violator,” […]
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 […]
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.
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 […]