To protect consumers and enhance public confidence in the sectors it regulates, FSCO takes appropriate regulatory action when there is non-compliance with legislation and regulations that relate to the regulated sectors. Non-compliance may result in enforcement action.
Other Statistics:
| CATEGORY (click titles for definitions) |
Q1 |
Q2 |
Q3 |
Q4 |
CUMULATIVE TOTAL |
| MORTGAGE BROKERAGES | |||||
| Conditional licenses granted | 1 |
||||
| Licence Refusals | 0 |
||||
| Licence Surrenders | 106 |
||||
| Licence Suspension | 91 |
||||
| Licence Revocations | 20 |
||||
| Administrative Monetary Penalties Levied (# issued) | 91 |
||||
| Administrative Monetary Penalties Levied ($) | $91,000 |
||||
| Letters of Caution issued | 0 |
||||
| Charges laid in Ontario Court of Justice | 0 |
||||
| Prosecutions (convictions / fines) | 0 |
||||
| Closed Files (no enforcement action warranted) |
0 |
||||
| MORTGAGE BROKERS | |||||
| Conditional licenses granted | 0 |
||||
| Licence Refusals | 0 |
||||
| Licence Surrenders | 0 |
||||
| Licence Suspension | 1 |
||||
| Licence Revocations | 0 |
||||
| Administrative Monetary Penalties Levied (# issued) | 0 |
||||
| Administrative Monetary Penalties Levied ($) | 0 |
||||
| Letters of Caution issued | 2 |
||||
| Charges laid in Ontario Court of Justice | 0 |
||||
| Prosecutions (convictions / fines) | 0 |
||||
| Closed Files (no enforcement action warranted) |
6 |
||||
MORTGAGE AGENTS |
|||||
| Conditional licenses granted | 0 |
||||
| Licence Refusals | 3 |
||||
| Licence Surrenders | 0 |
||||
| Licence Suspension | 0 |
||||
| Licence Revocations | 0 |
||||
| Administrative Monetary Penalties Levied (# issued) | 0 |
||||
| Administrative Monetary Penalties Levied ($) | 0 |
||||
| Letters of Caution issued | 5 |
||||
| Charges laid in Ontario Court of Justice | 0 |
||||
| Prosecutions (convictions / fines) | 0 |
||||
| Closed Files (no enforcement action warranted) |
0 |
||||
* This page contains Monitoring and Enforcement-related statistical data from July 1, 2007 onward.
If you require information prior to this date, please visit the Monitoring and Enforcement Bulletin page.
Financial Services Commission of Ontario