TORONTO, Dec. 8, 2025 /CNW/ - The Financial Services Regulatory Authority of Ontario (FSRA) has revoked the life insurance and accident & sickness insurance agent licence of Donald Newton Mason (Mason).
Mason persuaded two vulnerable consumers to provide him with funds, allegedly for investment, and failed to repay or account for the money they loaned him. This conduct affords reasonable grounds to believe that Mason is not suitable to be licensed under the Insurance Act, R.S.O. 1990, C.I.8, as amended.
FSRA issued this order as Mason did not request a hearing before the 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:
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
Share this article