TORONTO, June 21, 2022 /CNW/ - The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing two administrative penalties in the total amount of $8,500 on Mark Dennis Carter.
Mark Dennis Carter failed to maintain errors and omissions insurance or an approved form of financial guarantee contrary to Ontario Regulation 374/04. Mark Dennis Carter also furnished false and misleading information to FSRA contrary to section 447(2)(a) of the Insurance Act.
FSRA issued this order as Mark Dennis did not request a hearing or contest FSRA's proposal.
Read FSRA's Order here.
Read the Notice of Proposal here.
Learn more:
FSRA is working to protect consumers through its monitoring and enforcement activities.
FSRA continues to work on behalf of stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone. Learn more at www.fsrao.ca
SOURCE Financial Services Regulatory Authority of Ontario
FOR MEDIA INQUIRIES: Russ Courtney, Sr. Media Relations and Digital Officer, Financial Services Regulatory Authority, C: 437-225-8551, Email: [email protected]
Share this article