The Financial Services Regulatory Authority of Ontario (FSRA) has imposed administrative penalties totalling CAD 20,500 on Rebecca Thien Kim Nguyendo. The penalties relate to contraventions of the Mortgage Brokerages, Lenders and Administrators Act, 2006 and its regulations, including doing or omitting to do things that might reasonably be expected to result in her brokerage contravening the Act and regulations (Ontario Regulation 178/08, section 3) and facilitating unlicensed activities (Ontario Regulation 187/08, section 3.1). The order was issued following a settlement with Nguyendo.