TORONTO, April 22, 2024 /CNW/ - Ontario's Financial Services Regulator, FSRA, has revoked the mortgage broker licence issued to Reza Nezami-Nia (Nezami-Nia).
Nezami-Nia is no longer suitable to be licensed under the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Act). This is because, as principal broker and sole director, Nezami-Nia failed to take reasonable steps to ensure First Swiss Mortgage Corporation complied with every requirement established under the Act.
FSRA issued this order due to a settlement with Nezami-Nia.
Learn more:
Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities.
For media inquiries:
Ashley Legassic
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 647-719-8426
Email: [email protected]
SOURCE Financial Services Regulatory Authority of Ontario
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