The Financial Services Regulatory Authority of Ontario (FSRA) has declined to renew the insurance agent license of Maurice Aziz due to violations of Ontario regulation 347/04. FSRA determined that Aziz provided material misstatements in his license applications and exhibited a lack of good character and reputation, which rendered him unsuitable to hold a license. He did not contest the FSRA’s decision or request a hearing before the Financial Services Tribunal. FSRA continues its efforts to uphold consumer protection standards through rigorous monitoring and enforcement actions.