TORONTO, Sep. 4, 2025 (CNW Group via COMTEX) --
 Ontario's financial services regulator, FSRA, has imposed administrative penalties in the total amount of $133,500 on Daniel George Gordon (Gordon) and $150,000 on Gordon Wealth Management Limited (Gordon Wealth Management).
Gordon contravened the Insurance Act, R.S.O. 1990, c I.8, as amended (the Act), and its regulations by:
Gordon Wealth Management contravened the Act and its regulations by using coercion or undue influence to secure insurance business, contrary to section 17(a) of O. Reg. 347/04.
FSRA issued the Orders as a result of the Notice of Dismissal issued by the Financial Services Tribunal on July 25, 2025 and in accordance with Reasons for Decision dated June 20, 2025 in Gordon v CEO of FSRA, 2025 ONFST 7. Â
Learn more:
Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities.Â
For media inquiries:
Ashley LegassicSr. Media Relations and Digital OfficerFinancial Services Regulatory AuthorityC: 647-719-8426Email:Â ashley.legassic@fsrao.ca
SOURCE Financial Services Regulatory Authority of Ontario
SOURCE: Financial Services Regulatory Authority of Ontario
COMTEX_468541581/2197/2025-09-04T10:00:00
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