Canadian Regulator Confirms Not Guilty Plea for Amaya's David Baazov
Key Takeaways
  • Baazov was charged with “aiding with trades while in possession of privileged information, influencing or attempting to influence the market price of Amaya securities and communicating privileged information.”
  • “While I am deeply disappointed with the AMF’s decision, I am highly confident I will be found innocent of all charges.”

The Autorité des marchés financiers (AMF), Quebec’s Securities Regulatory Authority, announced Monday that Amaya CEO David Baazov has officially plead not guilty to the insider trading charges levied against him in March.