The Financial Services Regulatory Authority of Ontario has initiated enforcement action against Jason A N Singh, alleging misconduct in connection with mortgage activity and in his dealings with the regulator. FSRA is proposing to refuse to renew Singh's mortgage agent licence and to impose administrative penalties totaling CAD 50,000. The case centers on allegations that Singh provided false and deceptive information and documents when dealing in mortgages, contrary to section 43(2) of the Mortgage Brokerages, Lenders and Administrators Act, 2006, and that he also provided FSRA with false or misleading information, contrary to section 45(1) of the Act. Singh has requested a hearing before the Financial Services Tribunal regarding FSRA's proposal.
Financial Services Regulatory Authority of Ontario2026-07-15
Financial Services Regulatory Authority of Ontario seeks to deny Jason A N Singh's mortgage agent licence renewal and impose a CAD 50,000 penalty over alleged false information
The Financial Services Regulatory Authority of Ontario has started enforcement action against Jason A N Singh over alleged false and deceptive information in mortgage dealings and alleged false or misleading information provided to FSRA. The regulator is seeking to refuse renewal of his mortgage agent licence and impose a CAD 50,000 administrative penalty. Singh has requested a hearing before the Financial Services Tribunal.