June 18, 2009 Securities

Montréal – The Autorité des marchés financiers (AMF) is pleased to announce the reelection of Louis Morisset, Superintendent, Securities Markets, as Chairman of the Monitoring Group in respect of the Multilateral Memorandum of Understanding (MOU) Concerning Consultation and Cooperation and the Exchange of Information of the International Organization of Securities Commissions (IOSCO). Mr. Morisset's re-election was confirmed at the 34th IOSCO Annual Conference, held in Tel Aviv, Israel, from June 8 to 11, 2009.

Adopted in May 2002, the MOU stands as a significant IOSCO contribution for effective cooperation to ensure enforcement against cross-border securities offences. The Monitoring Group chaired by Mr. Morisset is mandated primarily to supervise the implementation of the MOU and ensure it is properly applied by all 55 current signatories. As Chairman, Mr. Morisset may intervene directly with signatories to facilitate the resolution of conflicts regarding the application or interpretation of the MOU.

Montréal and the AMF will be hosting the 35th IOSCO Annual Conference from June 6 to 10, 2010, to which financial market regulators and participants from more than 80 countries have been invaited. For further information about this key event, visit the 2010 Conference website at www.iosco2010.com.

Founded in 1983, IOSCO is an international organization made up of the authorities that regulate major exchanges and financial markets around the world. Québec is a founding member.

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

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