TORONTO, June 13, 2022 /CNW/ - The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Mark Dennis Carter.
FSRA alleges that Mark Dennis Carter failed to maintain errors and omissions insurance or an approved form of financial guarantee contrary to Ontario Regulation 347/04. FSRA also alleges that Mark Dennis Carter furnished false and misleading information to FSRA contrary to section 447(2)(a) of the Insurance Act.
FSRA is proposing to impose administrative penalties against Mark Dennis Carter.
Mark Dennis Carter 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.
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]
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