TORONTO, Nov. 14, 2024 /CNW/ – Ontario’s financial services regulator, FSRA, has issued an Order imposing an administrative penalty in the amount of $17,000 against Jensen Ocampo (Ocampo).
Ocampo paid a rebate to 27 clients for the premiums for their life insurance policies, contrary to section 2(2) of Ontario Regulation 7/00 (in force at the time).
FSRA issued this order as a result of a settlement with Ocampo.
Learn more:
Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities.
For media inquiries:
Russ Courtney
Senior Manager of Media Relations
Financial Services Regulatory Authority
C: 437-225-8551
Email: [email protected]
SOURCE Financial Services Regulatory Authority of Ontario
