Paul C. Armstrong

The Licensee, an insurance broker, pled guilty to professional misconduct for failing to report to the Registered Insurance Brokers of Ontario (RIBO) that his insurance agent license had been revoked by the Financial Services Tribunal.

He also admitted to providing false information on his annual renewal by indicating he was not subject to any disciplinary action.

The Discipline Committee accepted an Agreed Statement of Facts and a Joint Submission on Penalty, finding the Licensee guilty and ordering a reprimand along with two hours of ethics education.