The province formally introduced official plans for FSRA and reiterated its support for establishing the Co-operative Capital Markets Regulator
The new financial services regulatory authority will replace FSCO and DICO and “modernize and strengthen the regulator of financial services and pensions”
The provincial regulator’s recent examinations of life insurance agents revealed several gaps in compliance, especially as they relate to disclosure
The Ontario regulator has laid the hammer down on Tier 1 Transaction Advisory Services, Tier 1 Mortgage and First Commonwealth Mortgage for various infractions
The SRO is looking to expand its MOU with FSCO to include reciprocal discipline in areas such as outside business activities and borrowing from clients
The regulators will work together to strengthen consumer protection in Ontario
Advance fee scam targets Allstate Insurance
An expert committee has recommended an overhaul of Ontario's regulatory structure
The expert panel reviewing the mandates of FSCO and DICO recommends the two organizations be replaced by a new Financial Services Regulatory Authority
FSCO examinations have found that 10% of insurance agents were not disclosing actual or potential conflicts of interest to their clients in writing, as they’re required to do