Revocation of mutual fund dealer Beaudoin, Rigolt & associés inc.'s registration and important message for clients
Securities Decisions and Freeze and cease trade orders
Montréal – At the request of the Autorité des marchés financiers (the “AMF”), the Tribunal administratif des marchés financiers (the “Tribunal”) has rendered a decision revoking the rights (pdf - 5 MB)
This link will open in a new windowUpdated on March 3, 2017 granted by registration to Beaudoin, Rigolt & associés inc. (Beaudoin Rigolt) as a mutual fund dealer.
The Tribunal also suspended the rights granted to Philippe Beaudoin The respondent Philippe Beaudoin should not be confused with Philippe Beaudoin who is registered under NRD number 3229391 and is attached as a dealing representative (mutual fund dealer) to Desjardins Financial Services Firm Inc. and Pierre-Luc Bernier by their registration as dealing representatives of a mutual fund dealer. This suspension will be maintained for the duration of the investigation into the various failures identified. Philippe Beaudoin and Pierre-Luc Bernier had consented to this ruling against them.
Consequently, the rights conferred by Beaudoin Rigolt’s registration have been revoked since March 3, 2017. The registrations of all representatives acting on behalf of this dealer have also been suspended until their attachment to another dealer.
Important message for clients of mutual fund dealer Beaudoin, Rigolt & associés inc.
The AMF invites clients of Beaudoin Rigolt to contact any other mutual fund dealer of their choice in order to transfer their assets. Clients may also contact their investment fund manager directly, or their depositary or custodian, as the case may be, for any questions regarding their accounts or to carry out trades, as necessary, before transferring their assets to another dealer.
For all other matters, please contact an agent at the Information Centre.
The Autorité des marchés financiers (the “AMF”) is the regulatory and oversight body for Québec’s financial sector.
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