How can my mortgage brokerage dispute the licence suspension and Notice of Proposal?
Information on how to dispute the administrative monetary penalty is included in the Notice of Proposal. Please ensure you note the timing requirements. If you choose to request a hearing before the Financial Services Tribunal, with respect to the administrative monetary penalty, the Superintendent will extend the Interim Order to suspend the mortgage brokerage’s licence until the Financial Services Tribunal renders its decision.
Related Questions
- How can a mortgage brokerage dispute a Notice of Proposal to suspend/revoke a licence and/or Notice of Proposal to impose an administrative monetary penalty?
- Does the mortgage brokerages interim licence suspension impact its mortgage brokers and agents?
- How can my mortgage brokerage dispute the licence suspension and Notice of Proposal?
