Disclaimer
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.

 

Financial Services Regulatory Authority of Ontario - Office of the CEO

REGARDING the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29 (the “Act”), in particular sections 18, 19 and 21;

AND IN THE MATTER OF Maria Veronica Pastorino.

 

ORDER TO REVOKE LICENCE

On September 14, 2018, the Superintendent of Financial Services (“Superintendent”) issued a Notice of Proposal to Revoke Licence to Maria Veronica Pastorino regarding her mortgage agent licence #M13001314 issued under the Act.

On October 26, 2018, Ms. Pastorino filed a request for hearing with the Financial Services Tribunal (the “Tribunal”)

On June 8, 2019, the Financial Services Regulatory Authority of Ontario assumed the regulatory duties of the Financial Services Commission of Ontario, and the Chief Executive Officer of the Financial Services Regulatory Authority of Ontario (the “Chief Executive Officer”) assumed the regulatory duties of the Superintendent, under the Act.

On April 12, 2019, Ms. Pastorino withdrew her request for hearing. On April 15, 2019, the Tribunal confirmed that the hearing was cancelled.

ORDER

The mortgage agent licence #M13001314 issued to Maria Veronica Pastorino is hereby revoked.

DATED at Toronto, Ontario, October 1, 2019.

Original signed by

Wendy Horrobin
Director, Licensing Approvals, Licensing and Market Conduct Division

By delegated authority from the Chief Executive Officer

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