May 4, 2004 Securities

Montréal – The Agence nationale d’encadrement du secteur financier (also known as the “Autorité des marches financiers” or “AMF”) has asked the Bureau de décision et de révision en valeurs mobilières (BDRVM) to order Pierre-Louis Péloquin, chartered accountant, to cease the activity of adviser, specifically the portfolio management he is conducting without the registration required by the Securities Act.

At the AMF’s request, the BDRVM will convene a hearing at which it will consider the AMF’s allegations. That hearing date will be set at a pro forma hearing on May 10, 2004 at 9:30 a.m.

To read the AMF’s request (pdf - 17 KB)This link will open in a new windowUpdated on May 4, 2004 (available in French only), please consult the appendix to the press release posted on the AMF’s website, under Media Centre / The Autorité's Latest Press Releases.

Created under the Act respecting the Agence nationale d'encadrement du secteur financier, the Bureau de décision et de révision en valeurs mobilières (BDRVM) is a tribunal which exercises certain powers prescribed by the Securities Act. The BDRVM is independent of the AMF.

Established on February 1, 2004, the Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec's financial sector. The AMF consists of the Commission des valeurs mobilières du Québec, the Bureau des services financiers, the Régie de l'assurance-dépôts du Québec, the Fonds d'indemnisation des services financiers and the Inspector General of Financial Institutions.

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