FSRA issues notice of proposal against Jaswinder Dhanoa
TORONTO, Nov. 6, 2023 /CNW/ - The Financial Services Regulatory Authority of Ontario (FSRA) has initiated enforcement action against Jaswinder Dhanoa (Dhanoa).
FSRA alleges that Dhanoa contravened the Mortgage Brokerages, Lenders and Administrators Act, 2006 (Act) by giving false or deceptive information and documents when dealing in mortgages in Ontario contrary to subsection 43(2) of the Act, by receiving fees directly or indirectly outside of the brokerage contrary to subsection 4(1) of the Act, and by causing a brokerage to contravene subsections 48 of Ontario Regulation 188/08 contrary to section 3 of Ontario Regulation 187/08.
FSRA is proposing to impose administrative penalties in the total amount of $140,000 on Dhanoa.
Dhanoa has requested a hearing before the Financial Services Tribunal about this proposal.
Learn more:
Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities.
For media inquiries:
Russ Courtney Sr. Media Relations and Digital Officer Financial Services Regulatory Authority (FSRA) T: 437-225-8551 E: [email protected]
SOURCE Financial Services Regulatory Authority of Ontario
Colabor Group Inc. ("Colabor" or the "Company") reports its results for the first quarter ended March 23, 2024. First Quarter 2024 Financial Highlights: Sales decreased by 2.0% to $131.2 million, compared to $133.9 million for...
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from financial...
Southland Holdings, Inc. ("Southland"), a leading provider of specialized infrastructure construction services, announced today that it will release its first quarter 2024 results on Monday, May 13, 2024, after the market closes.
Southland will...
Diversified Royalty Corp. (the "Corporation" or "DIV") is pleased to announce that its board of directors has approved a cash dividend of $0.02083 per common share for the period of May 1, 2024 to May 31, 2024, which is equal to $0.25 per common...
(Note: All dollar amounts in this news release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited interim consolidated financial statements for the three months ended March 31, 2024 prepared in...
Post Holdings, Inc. , a consumer packaged goods holding company, today reported results for the second fiscal quarter ended March 31, 2024. Highlights: Second quarter net sales of $2.0 billionOperating profit of $190.1 million; net earnings of...
