The Financial Services Regulatory Authority of Ontario (FSRA) has issued a compliance order with respect to Greatway Financial Inc. (Greatway). Greatway has consented to the order. FSRA previously issued a Notice of Proposal alleging that Greatway was committing acts which might reasonably be expected to result in a state of affairs that would constitute an unfair or deceptive act or practice ... WebFormed through an intergovernmental agreement, Gateway Special Recreation Association (SRA) is an extension of the Park Districts of Burr Ridge, Elmhurst, Oak Brook, Pleasant …

Greatway Financial faces orders in Ontario but not B.C.

WebOct 26, 2024 · Greatway needs its agents to take necessary training, which includes courses on legal obligations such as anti-money laundering procedures, according to the FSRA. However, the sole product training necessary for agents is to sell Universal Life (UL) plans using the technique of an “Insured Retirement Plan” (IRP); these are policies that … WebOct 24, 2024 · FSRA alleges that Greatway Financial Inc. is committing acts that might reasonably be expected to result in an unfair and deceptive act or practice, as contemplated by section 2 (1) of the... somers insurance lorain ohio

Certain MGAs pay multiple life agents for a single sale, FSRA says ...

WebUnited States Department of Transportation Federal Highway Administration. 1200 New Jersey Avenue, SE. Washington, DC 20590 WebJan 23, 2024 · The compliance order states, “Greatway disagrees with some of the allegations in the NOP but wishes to cooperate with FSRA to address the alleged deficiencies in the Training.” Greatway issued a statement following the order: “As leaders in our industry, Greatway Financial is committed to continuous improvement and to … WebOct 24, 2024 · FSRA alleges that Greatway Financial Inc. is committing acts that might reasonably be expected to result in an unfair and deceptive act or practice, as … small ceiling fan for kitchen