Supervision and remedial coursework ordered for unsuitable policies

Agent tells family their existing policies needed to be replaced for mortgage eligibility.

LIFE INSURANCE | January 31 2024 04:08PM
Representative terminated, fined $70,000 for being named in a client’s will

Accepting an appointment as power of attorney also contravened rules.

INVESTMENT | January 31 2024 09:52AM
Representative thrown out of the industry 10 years for outside activities

Referral arrangement also prohibited.

INVESTMENT | January 30 2024 10:37AM
Fine and permanent ban ordered for representative who borrowed money

Vulnerable client loses $138,509 over more than three years.

INVESTMENT | January 29 2024 04:02PM
Ontario insurance regulator fines wellness centre and principals for fraud

Levies $260,000 in sanctions in case reported by the Équité Association.

LIFE INSURANCE | January 26 2024 01:00PM
Regulator refuses license to agent who maintained policies for 70 fictitious clients

Proposed administrative penalty halved pursuant to a settlement agreement and undertaking.

LIFE INSURANCE | January 26 2024 10:28AM
Regulator sanctions veteran dealing representative for seven pre-signed forms

Firm’s file review also uncovers 16 altered forms without initials.

INVESTMENT | January 24 2024 09:59AM