FSRA issues Notice of Proposal against Greatway Financial Inc.

The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Greatway Financial Inc.

FSRA alleges that Greatway Financial Inc. is committing acts that might reasonably be expected to result in an unfair and deceptive act or practice, as contemplated by section 2(1) of the Unfair or Deceptive Acts or Practices Rule.

FSRA is proposing to impose a compliance order on Greatway Financial Inc.

Greatway Financial Inc. may request a hearing before the Financial Services Tribunal about this 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]