BUSINESS
08/01/2014 11:24 EDT | Updated 08/01/2014 11:59 EDT

Prem Watsa Under Investigation For Insider Trading: Report

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May 25 2007 Toronto: Prem Watsa, chairman of Fairfax Financial holdings Ltd. speaking at a Toronto Board of Trade luncheon Friday at Noon hour. (Photo by David Cooper/Toronto Star via Getty Images)

Prem Watsa, the billionaire investor dubbed "Canada's Warren Buffett," is being investigated by Quebec's securities regulato over possible insider trading in connection with a transaction made within the province, the Canadian Press reports. The investigation also involves Fairfax president Paul Rivett.

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