March 10, 2008 Securities

Montréal – The Autorité des marchés financiers (AMF) has launched penal proceedings in the Court of Québec (Criminal and Penal Division, district of Montréal) against Claire Poudrier.

As part of the proceedings, the AMF filed six charges against Claire Poudrier for violating the Securities Act, R.S.Q. c. V-1.1 (the "Act"), by acting as a securities adviser without being registered with the AMF, thereby violating section 148 of the Act.

The AMF is seeking a total fine of $6,000 plus costs with respect to these six charges.

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

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