The sales manager of an investment firm accused of securities law violations relating to Amaya's 2014 acquisition of PokerStars owner Rational Group has agreed a settlement with the Ontario Securities Commission (OSC).

John David Rothstein has been banned from holding senior roles in the fund sector for two years and ordered to pay a CAD$11,000 settlement to the OSC.

Rothstein was one of three former employees of financial services firm Aston Hill Financial (AHF) alleged to have used prior knowledge of Amaya's deal to acquire Rational Group to make money for investors, or personally profit from the deal.

Premium subscribers continue here to the full article.