Administrative penalty of $9,000 against Entreprises Greg Pompeo inc.

Securities Decisions and Freeze and cease trade orders

In a decision issued on January 25, 2013, the Bureau de décision et de révision (pdf - 262 KB)This link will open in a new windowUpdated on January 31, 2013 imposed an administrative penalty in the amount of $9,000 against Entreprises Greg Pompeo inc., which is registered with the AMF as a mutual fund dealer.

Further to an audit of financial resources, AMF inspectors noted a number of defaults, including failure to maintain a net free capital at least equal to $60,000, failure to complete the "Subordinated Loan Agreement Form" and failure to file financial statements within the prescribed period.