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.

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FSRA continues to work on behalf of all stakeholders, including consumers, to ensure financial safety, fairness, and choice for everyone.

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For media inquiries:

Russ Courtney
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]

Enforcement Actions