Decisions and Freeze and cease trade orders Securities

Montréal - The publication of this news release constitutes the method of service authorized by the Bureau de décision et de révision (the Bureau) of a decision issued on June 21, 2012 related to the matter of Carrefour in respect of Robert Savoie.

See decision 2009-041-018 (pdf - 4 MB)This link will open in a new windowUpdated on 22 June 2012 (in French only).

On June 21, 2012, at the request of the Autorité des marchés financiers (AMF), the Bureau extended by 120 days the freeze order initially issued on December 7, 2009 in the matter of Carrefour. This extension applies to the following companies and individuals: Normand BouchardRespondent Normand Bouchard should not be confused with Normand Bouchard of Bouchard, Gratton, Beaudoin et Associés inc. and Desjardins Financial Security Investments Inc. in Brossard, holder of certificate No. 104 223, or Normen Bouchard of Services financiers Normen Bouchard inc. in Québec City, holder of certificate No. 104 225, who are not affected by the decision., Mario Dumais, Tri Minh Huynh, Mario PaquinRespondent Mario Paquin should not be confused with Mario Paquin of Aon Parizeau inc. in Sherbrooke, holder of certificate No. 125 829, who is not affected by the decision., Gérald Parkin, Gia Tuong Quan, Thinh Tuong Quan (also known as Jacky Quan), Robert Savoie, Bartelomeo Torino, Richard Tremblay, Claude ValadeRespondent Claude Valade should not be confused with Claude Valade of Primerica Financial Services Ltd. and PFSL Investments Canada Ltd. in Blainville, holder of certificate no. 162 214, who is not affected by the decision., René Viau, Serge Belval, 9175-9704 Québec inc., operating under the name Investissement Max, and Fonds de placement Nor-West.

Disgorgement order, see decision 2009-041-017 (pdf - 3 MB)This link will open in a new windowUpdated on 22 June 2012 (in French only)

In a second decision issued on the same day, the Bureau ordered that the funds held by Fonds de placement Nor-West in its bank account be disgorged to the AMF. The disgorgement order was issued further to evidence that the funds were obtained as a result of offences under the law and were derived from investors.

The funds collected by the AMF are assigned to the Education and Good Governance Fund, which is dedicated to educating consumers of financial products and services, protecting the public, promoting good governance and enhancing knowledge in the fields related to the mission of the AMF.

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

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