IN THE MATTER OF the Insurance Act, R.S.O. 1990, c.I.8, as amended (the “Act”), in particular sections 392.5 and 407.1;
AND IN THE MATTER OF Gerson Rodrigues.
ORDER TO REVOKE LICENCE
Gerson Rodrigues is licensed as an insurance agent (licence #05085665) under the Act.
On January 3, 2019, the Superintendent of Financial Services (the “Superintendent”) issued a Notice of Proposal to revoke insurance agent licence #05085665 issued to Gerson Rodrigues under the Act. The Superintendent determined that Gerson Rodrigues was no longer suitable to be licensed.
On February 5, 2019, a Request for Hearing (Form 1), was delivered to the Financial Services Tribunal (the “Tribunal”) in accordance with subsection 407.1(3) of the Act respecting the Notice of Proposal.
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.
The Tribunal, in its Reasons for Decision dated October 1, 2019 (the “Decision”), directed that the Request for Hearing be dismissed without a hearing.
No party appealed the Decision under subsection 407.1(5) of the Act, and, therefore, the Decision is final.
Insurance agent licence #05085665 issued to Gerson Rodrigues is hereby revoked.
DATED at Toronto, Ontario, January 29, 2020.
Original signed by
Director, Licensing Approvals
By delegated authority from the Chief Executive Officer,
Financial Services Regulatory Authority of Ontario
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