Montréal - The Autorité des marchés financiers (the AMF) has launched a penal proceeding against Sam Grinfeld for refusing to appear before one of its investigators. The AMF has filed one charge and is seeking a $4,000 fine.

In May 2012, Sam Grinfeld was fined $27,000 following a proceeding instituted by the AMF related to illegal distributions.

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

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