Extension of Interim Compliance Order to Cease and Desist Training Activity Against Sania Muzaffar

REGARDING the Insurance Act, R.S.O. 1990, c. I.8, as amended, in particular section 441

 

AND REGARDING Sania Muzaffar

EXTENSION OF INTERIM COMPLIANCE ORDER TO CEASE AND DESIST TRAINING ACTIVITY

TO:

Sania Muzaffar

 

On July 19, 2018, the Superintendent of Financial Services (the “Superintendent”) issued an Interim Compliance Order to Cease and Desist Training Activity (the “Interim Cease and Desist Order”) against Sania Muzaffar.  The Interim Cease and Desist Order required Sania Muzaffar to:

 

  1. Immediately cease and desist providing training or teaching in any manner with respect to the Life Licence Qualification Program (“LLQP”) examination, in Ontario.
  2. Immediately cease and desist assisting anyone with any activity related to the teaching or training of the LLQP examination, in Ontario.
  3. Immediately cease and desist disseminating any information or documents related to the LLQP examination to anyone, including any insurance agents, insurance agent applicants, or anyone involved in training or teaching with respect to the LLQP examination.
  4. Immediately cease and desist posting any information or documents related to the LLQP examination on the internet.
  5. Immediately cease and desist accepting any fees or funds or anything of value with respect to teaching or training of the LLQP examination, in Ontario.
  6. Immediately cease and desist advertising, soliciting, or offering any services related to LLQP examination training or teaching, in Ontario.

The Interim Cease and Desist Order was issued pursuant to subsection 441(4) of the Insurance Act. On July 30, 2018, Saini Muzaffar requested a hearing by the Financial Services Tribunal. No hearing date has been scheduled yet.

 

The Superintendent is of the opinion that the Interim Cease and Desist Order should be extended until the hearing in this matter has been concluded and the Interim Cease and Desist Order is either confirmed, varied or revoked by the Financial Services Tribunal.  The Superintendent continues to be of the opinion that the interests of the public may be prejudiced or adversely affected by any delay in the issuance of a permanent order.

 

Effective this date, pursuant to subsection 441(6) of the Insurance Act, the Superintendent orders that the Interim Cease and Desist Order issued July 19, 2018, be extended until the hearing before the Financial Services Tribunal is concluded and the Interim Cease and Desist Order is confirmed, varied or revoked.

 

DATED at Toronto, Ontario, August 20, 2018.

 

Original signed by “Brian Mills”

 

__________________________________
Brian Mills
Superintendent of Financial Services

  

TO:

  

Financial Services Tribunal
5160 Yonge Street, 14th Floor, Box 85
Toronto ON M2N 6L9

 

Attention: Registrar

 

Tel:  (416) 226-7752
Fax:  416) 226-7750
Email:  contact@fstontario.ca

  

AND TO:

  

Ministry of the Attorney General, Civil Law Division
Financial Services Commission of Ontario Branch
5160 Yonge Street, 17th Floor
Toronto ON  M2N 6L9

  

Michael Spagnolo / Ariel Schneider

 

Tel: (416) 226-7851 / (416) 590-7203
Fax: (416) 590-7556

 

Email:
michael.spagnolo@fsco.gov.on.ca
ariel.schneider@fsco.gov.on.ca

 

Counsel for the Superintendent of Financial Services