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REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended (the “Act”), in particular sections 441.1, 441.2 and 441.3
AND REGARDING Mahdokht Sotoudeh
ORDER TO IMPOSE ADMINISTRATIVE PENALTY
On July 25, 2014, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to impose an administrative penalty of $1,000 on Mahdokht Sotoudeh. The Superintendent alleged that Ms. Sotoudeh contravened or failed to comply with section 442.3 of the Act by failing to provide information about activities related to the business of insurance to the Superintendent upon request.
Ms. Sotoudeh requested a hearing before the Financial Services Tribunal in accordance with the Act, and a hearing was held on September 11, 2015. In a decision dated October 13, 2015, the Tribunal directed the Superintendent to impose an administrative penalty of $250 on Ms. Sotoudeh.
ORDER
An administrative penalty in the amount of $250 is imposed on Mahdokht Sotoudeh pursuant to subsection 441.3(6) of the Act.
TAKE NOTICE THAT Ms. Sotoudeh will receive an invoice from Ontario Shared Services, a part of the Ministry of Government and Consumer Services, with information as to where and how to make the payment. Ms. Sotoudeh must pay the administrative penalty no later than 30 days after the date of the invoice.
If Ms. Sotoudeh fails to pay the administrative penalty in accordance with the terms of this Order, the Superintendent may file the Order with the Superior Court of Justice and this 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 an order imposing the penalty is a debt due to the Crown and is enforceable as such.
DATED at Toronto, Ontario, December 4, 2015
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Anatol Monid, Executive Director
Licensing and Market Conduct Division
By delegated authority from
Superintendent of Financial Services