Tag: Quebec

Quebec securities regulator executive says watchdog has ‘completely reformed’ its conduct – The Globe and Mail

The head of Quebec’s securities regulator says the watchdog has overhauled the way it handles investigations in the wake of its last major insider-trading case, vowing his teams won’t repeat the same mistakes as it tries to bolster its credibility in fighting white-collar crime. Louis Morisset, chief executive of the Autorité des Marchés Financiers, said in an interview Tuesday that…

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David Baazov Fires Back Against AMF With $2M Lawsuit

Former Amaya CEO David Baazov has opened a $2 million lawsuit against Quebec’s securities regulator in response to the insider trading lawsuit those authorities pursued unsuccessfully against him beginning in 2016. Baazov says that L’Autorite des marches financiers (AMF) acted maliciously when it accused him of leaking privileged information to aid insider trading and manipulate the price of Amaya stock.…

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