Decisions and Freeze and cease trade orders Securities
Montréal – On September 24, 2009, before the Court of Québec (Criminal and Penal Division), district of Iberville, Judge François Kouri accepted a guilty plea by Denis Roy The respondent should not be confused with Denis Roy, the independent insurance of persons representative, who holds certificate 129 721; nor with Denis Roy, the insurance of persons representative, financial planner and group savings plan broker attached to the firms Denis Roy Financial Services and Sun Life Financial Investment Services, who holds certificate 129 722; nor with Denis Roy, the financial planner and group savings plan broker attached to Desjardins Financial Services Firm Inc., who holds certificate 129 723; nor with Denis Roy, the damage insurance broker attached to the firm Hébert, Groulx inc., who holds certificate 129 724; nor with Denis Roy, the insurance of persons representative, financial planner and group savings plan broker attached to the firms Le Centre financier de Rimouski inc. and PEAK Financial Services Inc., who holds certificate 157 826; nor with Denis Roy, the group savings plan broker attached to the firm Royal Mutual Funds Inc., who holds certificate 169 487; nor with the claims ajusters Denis Roy attached to Intact Insurance Company and Cuierrier & Associés inc., who hold, respectively, certificates 138 999 and 157 826, none of whom are involved in any such legal proceedings. , who purported to be a dealer, and ordered him to pay a fine $10,000.
Denis Roy pleaded guilty to a charge laid against him by the Autorité des marchés financiers in March 2008 for illegally pursuing activities as a securities dealer. The fine is ten times the minimum fine prescribed under the Securities Act (the Act).
Denis Roy is well known to the AMF. He was previously found guilty of contempt of court and received a conditional sentence of 30 days in prison from Judge Danielle Grenier of the Superior Court of Québec, district of Montréal, in May 2009. In the fall of 2006, he had violated a permanent injunction order issued in June 1999 prohibiting him from carrying out transactions in securities and acting as a securities dealer or dealer representative. The AMF appealed the decision by Judge Grenier to suspend the prison sentence.
Denis Roy has been found guilty of violating the Act on several occasions.
The Autorité des marchés financiers (the “AMF”) is the regulatory and oversight body for Québec’s financial sector.
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