John David Rothstein settled the case wtih the Ontario Securities Comission.
Currently four former OSC in high-level positions are under invastigation for insider trading during the Amaya-PokerStars deal. One of them is Rothstein, who recently plead guilty to reach a settlement.
The former national sales manager at Aston Hill Financial admitted that Benedict Cheng had fed him insder information that he passed on to the buyers. With his settlement he has to pay a mere C$11,000 fine and has to endure trading two-year ban.
Aston Hill Asset Management was one of the investors who finacned Amaya’s acquisition of PokerStars.
Former Amaya CEO David Baazov is also still under investigation for insider trading.
