RE:RE:RE:Pooya
OH OH !!!
Authority intervenes to end an insider trading scheme
Le vendredi 15 juillet 2016 On Friday, July 15, 2016
Montral – - The Autorit des marchs financiers has recently acted to end an insider trading scheme involving Pouya of Hajiani, chief technology GeoMegA Resources Inc. (GMA) and some of his relatives.
The Authority wishes to stress that business procedures are not intended GMA.
June 29, 2016, at the request of the Authority, the Bureau decision and overhaul (BDR) pronounced so ex parte against Pouya Hajiani, Bahador Bakhtiari and Mahsa Sotoudeh, prohibition orders securities transactions to and orders forbidding them to withdraw securities funds or other assets held in brokerage accounts specific.
In its application, the Authority alleged several violations related to the use of inside information during the period preceding and following the publication of five press releases issued by GMA between February 2014 and April 2016.
The Authority found that Hajiani Pouya, who still holds his duties with GMA, performed operations on GMA securities before the publication of the aforementioned releases and where it is sometimes cited. It also appears from the evidence presented by the Authority before the publication of some of these releases, Pouya Hajiani has had communications with Bahador Bakhtiari and / or Mahsa Sotoudeh according to which, they have also made trading in the securities of GMA.
The Authority is continuing its investigation into this matter.
The AMF is the regulatory and oversight body for Qubec's financial sector.
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