Quebec tribunal can decide claim B.C. defendants hurt Quebecers in ‘pump and dump’ stock scheme: SCC

By Cristin Schmitz (November 17, 2023, 4:25 PM EST) -- In a decision that bolsters cross‑border securities regulation across Canada, the Supreme Court of Canada has affirmed that Quebec’s Financial Markets Administrative Tribunal (FMAT) does have jurisdiction to decide allegations by Quebec’s financial-sector regulator that four out-of-province defendants participated in an illegal securities manipulation scheme with ties to Quebec that harmed investors in that province....