Fine and supervision ordered for agent who ignored continuing education requirements

Ordered to complete three years of course work before 2025 license renewal.

LIFE INSURANCE | December 06 2023 10:42AM
Representative convicted for theft from a client banned from the securities business

Regulator stops short of imposing monetary penalty, saying conviction is sufficient for general deterrence.

INVESTMENT | December 05 2023 10:19AM
Suspended firm’s ultimate designated person fined for failing to promote compliance

Deal which brought the firms’ risk adjusted capital below zero deemed reckless.

INVESTMENT | December 04 2023 10:32AM
Failing to cooperate with regulator results in permanent ban

Ignoring repeated requests for an interview also results in $50,000 for former branch manager.

INVESTMENT | December 04 2023 10:31AM
Relatively new agent avoids client, receives $1,500 fine

Allowed uninsured client to believe they had commercial insurance in place.

P&C | December 01 2023 10:28AM
Insurance council orders close supervision after agent reported by company

Agent submitted 50 unique applications listing herself as payor.

LIFE INSURANCE | November 23 2023 03:28PM
Assistant conducting business outside of their registration, costs rep $5,000 fine

Licensed assistant not registered outside of Ontario.

INVESTMENT | November 16 2023 10:11AM