Michael Baron Settles with ASC for Market Manipulation, FINTRAC's Financial Intelligence Recognized
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Alberta Securities Commission where an individual reached a settlement for breaching Alberta securities laws for market manipulation. The individual admitted to engaging in a course of conduct that they ought to have known may contribute to a false or misleading appearance of trading activity in, and an artificial price for, the shares of a company. With the financial transaction reports received from Canadian businesses across the country,
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