The Financial Services Regulatory Authority of Ontario has initiated enforcement action against Jonathan Matthew Warden by issuing a notice of proposal that would revoke his insurance agent licence and impose an administrative penalty of CAD 10,000. FSRA alleges Warden failed to respond to FSRA inquiries within the required period and failed in his duty to provide prompt, complete information, contrary to sections 442.1(5) and 442.3(3) of the Insurance Act. Warden has requested a hearing before the Financial Services Tribunal regarding the proposal.
Financial Services Regulatory Authority of Ontario 2025-01-27
Financial Services Regulatory Authority of Ontario proposes to revoke Jonathan Matthew Warden’s insurance agent licence and impose a CAD 10,000 penalty
The Financial Services Regulatory Authority of Ontario has initiated enforcement action against Jonathan Matthew Warden, proposing to revoke his insurance agent licence and impose a CAD 10,000 penalty. FSRA alleges Warden failed to respond to inquiries and provide complete information as required by the Insurance Act. Warden has requested a hearing before the Financial Services Tribunal.