SENT BY REGISTERED MAIL and STANDARD LETTERMAIL
REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended (the “Act”), in particular section 441.4;
AND REGARDING Stacey Lynn Ewing
ORDER IMPOSING SUMMARY ADMINISTRATIVE PENALTY
Stacey Lynn Ewing holds a life insurance and accident and sickness insurance agent licence, licence number 04081032.
In a letter dated April 26, 2021 sent to Stacey Lynn Ewing, a delegate of the Chief Executive Officer of Financial Services (“Chief Executive Officer”) advised of the intention to impose a summary administrative penalty against Stacey Lynn Ewing for the following contravention:
1. $1,000 for failing to complete 30 hours of continuing education credits, contrary to section 14 of Ontario Regulation 347/04;
Pursuant to subsection 441.4(2) of the Act, the Chief Executive Officer provided Stacey Lynn Ewing with the opportunity to make written submissions, which were to be received by the Chief Executive Officer’s delegate on or before May 28, 2021. No submissions were received.
Therefore, pursuant to subsection 441.4(1) of the Act and Item 30 of Schedule 3 of Ontario Regulation 408/12, the Chief Executive Officer orders a summary administrative penalty against Stacey Lynn Ewing.
ORDER
A summary administrative penalty of $1,000 is imposed on Stacey Lynn Ewing.
TAKE NOTICE THAT the Financial Services Regulatory Authority of Ontario will deliver an invoice to Stacey Lynn Ewing, with information as to where and how to pay the administrative penalty. Stacey Lynn Ewing must pay the administrative penalty no later than thirty (30) days after the date of the invoice.
If Stacey Lynn Ewing fails to pay the administrative penalty in accordance with the terms of this Order, the Chief Executive Officer may file the Order with the Superior Court of Justice and the Order may be enforced as if it were an order of the court. An administrative penalty that is not paid in accordance with the terms of the order imposing the penalty is a debt due to the Crown and is enforceable as such.
DATED at Toronto, Ontario on , 2021.
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Jelena Pejic
Senior Manager, Licensing Compliance
By delegated authority from the Chief Executive Officer
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