TORONTO, Jan. 31, 2023 /CNW/ - The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Daniel Conrado.
FSRA alleges that Daniel Conrado contravened Section 2(1) of Ontario Regulation 347/04 by acting as an insurance agent without a licence.
FSRA is proposing to impose an administrative penalty in the amount of $30,000 on Daniel Conrado.
Daniel Conrado may request a hearing before the Financial Services Tribunal about this proposal.
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.
FOR MEDIA INQUIRIES:
Russ Courtney
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]
SOURCE Financial Services Regulatory Authority of Ontario
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