FSRA imposes administrative penalties against Mark Dennis Carter
The Financial Services Regulatory Authority of Ontario (FSRA) issued an order imposing two administrative penalties in the total amount of $8,500 on Mark Dennis Carter.
Mark Dennis Carter failed to maintain errors and omissions insurance or an approved form of financial guarantee contrary to Ontario Regulation 374/04. Mark Dennis Carter also furnished false and misleading information to FSRA contrary to section 447(2)(a) of the Insurance Act.
FSRA issued this order as Mark Dennis did not request a hearing or contest FSRA's proposal.
FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.
Learn more at www.fsrao.ca.
For media inquiries:
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
Email: [email protected]