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An order that is made regarding a licence holder reflects a situation at a particular point in time. The status of a licence holder can change. Readers should check the current status of a person’s or entity’s licence on the Licensing Link section of FSCO’s website. Readers may also wish to contact the person or entity directly to get additional information or clarification about the events that resulted in the order.

 

Ontario Coat of Arms
 
Financial Services
Commission
of Ontario

5160 Yonge Street,
Box 85
Toronto ON  M2N 6L9

REGARDING the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29 (the “Act”), in particular sections 9, 14, 19 and 21

AND REGARDING Intakhab Khan


ORDER REVOKING MORTGAGE AGENT LICENCE

On March 20, 2011, the Superintendent of Financial Services (“Superintendent”) by his Delegate issued a Notice of Proposal to Revoke Licence in respect of Intakhab Khan. 

Intakhab Khan had until July 6, 2012, after service of the Notice, to request a hearing before the Financial Services Tribunal (“Tribunal”) in accordance with the Act.

The Registrar of the Tribunal has confirmed that no request for a hearing has been received from Intakhab Khan, or anyone on his behalf, in respect of the proposal to revoke.

Section 21(7) of the Act provides that the Superintendent may carry out the proposal to revoke a licence when no hearing has been requested.

 

ORDER

The mortgage agent licence of Intakhab Khan is revoked.

 

DATED at Toronto, Ontario, August 17, 2012.

Original Signed By

Grant Swanson
Executive Director, Licensing and Market Conduct
by delegated Authority from
Superintendent of Financial Services


© Queen's Printer for Ontario, 2012