Further freeze order against Martin Tremblay
Decisions and Freeze and cease trade orders Securities
Montréal – At the request of the Autorité des marchés financiers (AMF), the Bureau de décision et de révision en valeurs mobilières (BDRVM) issued a decision on February 10, 2006 ordering BMO Nesbitt Burns, MRF Consulting Ltd, the Kenneth W. Salomon Investment Fund Ltd. and Jones Gables & Compagnie Ltée not to dispose of the funds, securities or other assets of Martin Tremblay.
As well, the BDRVM ordered Martin Tremblay to refrain from withdrawing funds from the accounts belonging to the Kenneth W. Salomon Investment Fund Ltd. and MRF Consulting Ltd.
The frozen assets are estimated to total almost $1.3 million.
On January 27, 2006, the BDRVM issued a freeze order on the funds, securities and other assets of Martin Tremblay and Dominion Investments. The AMF had made the request further to recent accusations brought against Martin Tremblay and in light of its investigation into Mr. Tremblay and Dominion Investments.
The Autorité des marchés financiers (AMF) is the regulatory and oversight body for Québec’s financial sector.
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