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Superintendent of
Ontario Coat of Arms
Surintendant des

REGARDING the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29 (the “Act”), in particular section 39;



On consent of FFM Capital Inc., and without there having been any finding or determination by the Financial Services Tribunal as to any contravention or failures to comply with the Act, the Superintendent of Financial Services (“Superintendent”) orders as follows:

  1. FFM Capital Inc. shall pay an administrative penalty under section 39 of the Act in the amount of $235,000, on consent, to be paid no later than July 31, 2019.

TAKE NOTICE THAT FFM Capital Inc. will be receiving shortly an invoice from Ontario Shared Services, a part of the Ministry of Government and Consumer Services, with information as to where and how to make the payment.  FFM Capital Inc. must pay the administrative penalty by the deadline indicated above.

If FFM Capital Inc. fails to pay the administrative penalty in accordance with the terms of this Order, the Superintendent may file the Order with the Superior Court of Justice and the Order may be enforced as if it were an order of the court. An administrative penalty that is not paid in accordance with the terms of an order imposing the penalty is a debt due to the Crown and is enforceable as such.

Si vous désirez recevoir cet ordre en français, veuillez envoyer votre demande immédiatement à: Adjointe, audiences, Greffe, Commission des services financiers de l’Ontario, 5160 rue Yonge, 14em, Toronto ON M2N 6L9.

DATED at Toronto, Ontario, February 1, 2018.

Original signed by

Brian Mills
Superintendent of Financial Services
Financial Services Commission of Ontario

© Queen's Printer for Ontario, 2018