Securities Decisions and Freeze and cease trade orders

Montréal – The publication of this news release constitutes the method of service authorized by the Tribunal administratif des marchés financiers (the “Tribunal”) of decision 2016-024-002 (pdf - 1 MB)This link will open in a new windowUpdated on 30 May 2017 (in French only) related to Vincenzo Pettinicchio and NPFB Europe SRL, where he is a director.

In its decision, the Tribunal imposed a $45,000 administrative penalty on Vincenzo Pettinicchio for distributing securities without a prospectus approved by the Autorité des marchés financiers (the “AMF”) or without a prospectus exemption, and pursuing illegal activities as a securities dealer.

Moreover, the Tribunal prohibited Vincenzo Pettinicchio, NPFB Europe SRL and Wide World of Tickets, Inc. from carrying on any activity, directly or indirectly, in respect of a transaction in securities.

Lastly, the Tribunal ordered Vincenzo Pettinicchio to remove, within 24 hours of its decision, any document or content published or distributed, directly or indirectly, on the Internet or otherwise, for the purpose of pursuing activities as a securities dealer or distributing securities within the meaning of the Securities Act.

The Autorité des marchés financiers (the “AMF”) is the regulatory and oversight body for Québec’s financial sector.

– 30 –

Information:

Media only:
Sylvain Théberge: 514-940-2176

Information Centre:
Québec City: 418-525-0337
Montréal: 514-395-0337
Toll-free: 1-877-525-0337
Twitter: @lautorite This link will open in a new window

Additional news