Administrative agreement between 4242033 Canada inc., Linda Paradis and AMF


The Autorité des marchés financiers (the AMF) has entered into an agreement with 4242033 Canada inc. (4242) and Linda Paradis for the payment of $8,250 to the AMF.

The AMF accused 4242 of failing to take out an insurance policy as required under Regulation 31-103 respecting Registration Requirements and Exemptions. The AMF further alleged that 4242 did not notify it of the change in its auditor within 7 days of the change (Regulation 33-109 respecting Registration Information).

The AMF also claimed that Linda Paradis did not ensure that4242 was in compliance with securities regulation.