FSRA imposes an administrative penalty and suspends the licence of Donald Newton Mason

TORONTO, June 19, 2025 /CNW/ - Ontario's financial services regulator, FSRA, has imposed an administrative penalty of $5,000 on Donald Newton Mason (Mason) and suspended Mason's life insurance and accident & sickness insurance agent licence.

Mason failed to provide requested information to FSRA, contrary to subsection 442.3(1) of the Insurance Act, R.S.O. 1990, C.I.8, as amended.

Mason did not request a hearing before Financial Services Tribunal or contest FSRA's proposal.

Learn more:

Access our enforcement database to see how FSRA is working to protect consumers through its monitoring and enforcement activities. 

For media inquiries:

Ashley Legassic
Sr. Media Relations and Digital Officer
Financial Services Regulatory Authority
C: 647-719-8426
Email: ashley.legassic@fsrao.ca

SOURCE Financial Services Regulatory Authority of Ontario