Financial Services Commission of Ontario

Decision Information

Decision Content

                  Superintendent of                                                                Surintendant des

                 Financial                                                                                services

                 Services                                                                                  financiers

 

 

 

 

REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular sections 392.5 and 407.1

 

AND REGARDING Ronald M. Schwartz

 

REVOCATION ORDER

 

 

On September 9, 2015, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to revoke the insurance agent licence of Ronald M. Schwartz (“Mr. Schwartz”).

 

Mr. Schwartz received that Notice on September 18, 2015 and he had 15 days after the Notice was given to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with section 407.1(3) of the Act.

 

The Registrar of the Tribunal has confirmed that no request for a hearing has been received from Mr. Schwartz or anyone on his behalf in respect of the proposal to revoke.

 

Section 401.1(7) of the Act provides that the Superintendent may carry out the proposal to revoke a licence when no hearing has been requested.

 

 

                                                            ORDER

 

 

 

               The insurance agent licence of Ronald M. Schwartz is revoked.

 

       

 

 

 

DATED at Toronto, Ontario,                                              , 2015.

 

 

 

 

__________________________________

Shonna Neil

Director, Licensing Branch

By delegated authority from the

Superintendent of Financial Services

 

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