FSRA revokes the licence of Nakhwattie (Debbie) Somai

Ontario's financial services regulator, FSRA, has revoked the insurance agent licence of Nakhwattie (Debbie) Somai (Somai).

Somai repeatedly failed to provide requested information to FSRA and breached a licensing condition by not facilitating an examination by FSRA, contrary to sections 442.3(3) and 443(1) of Insurance Act, R.S.O. 1990, c.I.8, as amended.

Somai did not request a hearing before the Financial Services Tribunal or contest FSRA’s proposal.

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Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities. 

For media inquiries:

Russ Courtney
Senior Manager of Media Relations
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]