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ARTICLE · 28 SEPTEMBER 2018

Targets Of Investigations By Quebec's Security Regulator Not Protected By Charter

First, it provides an insight into the powers of the receiver appointed at the request of the AMF.

CanadaTechnology

The creator of a new cryptocurrency made headlines last year for all the wrong reasons as the target of an investigation by the Autorité des marchés financiers (AMF), Quebec's security regulator, and of various court orders.

Dominic Lacroix fought back against the AMF and the judgment in Autorité des marchés financiers v. Lacroix, 2018 QCCS 3894 is compelling for two reasons.

First, it provides an insight into the powers of the receiver appointed at the request of the AMF. Second, it holds that the target of an ongoing AMF investigation cannot avail itself of Charter rights such as the right to protection against self-incrimination when subpoenaed to testify and disclose documents by the receiver.

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