TMX Group is currently investigating its CEO Lou Eccleston for allegations of sexual harassment conducted in the 1990s, during which time he was working at Bloomberg LP, according to the Globe and Mail

Lou Eccleston, CEO of TMX Group. Image source:

An official statement by TMX Group said that it’s looking into the matter and will update stakeholders as required.

“While TMX Group has no comment on these specific allegations at this time, we take allegations of this nature seriously and the TMX Group Board is looking into this matter.

“Mr. Eccleston has informed the board that he supports this course of action,” the statement read.

The TMX Group is one of the largest stock exchange operators in Canada. Its key operations include the Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, and others.

Eccleston worked at Bloomberg LP for 14 years. He joined the TMX group as CEO in 2014. Prior to joining the TMX group, he was the president of S&P Capital of Dow Jones Indices for six years.