FSRA imposes administrative penalty against Daniel Conrado

The Financial Services Regulatory Authority of Ontario has imposed an administrative penalty in the amount of $30,000 against Daniel Conrado (Conrado).

Conrado acted as an insurance agent without a license, contrary to section 2(1) of Ontario Regulation 347/04 under the Insurance Act.

Conrado did not request a hearing or contest FSRA’s proposal.

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FSRA is working to protect consumers through its monitoring and enforcement activities.

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