IN THE MATTER OF the Mortgage Brokerages, Lenders and Administrators Act, 2006, S.O. 2006, c.29, as amended (the “Act”), in particular sections 38 and 39;
AND IN THE MATTER OF Sabine Quattrociocchi and Diamond Capital Investments Inc.
Sabine Quattrociocchi (“Quattrociocchi”) was licensed as a level 2 mortgage agent (licence # M17000871) under the Act. She withdrew her application for renewal in May 2024 and is no longer licensed under the Act.
On September 17, 2021, by delegated authority from the Chief Executive Officer of the Financial Services Regulatory Authority of Ontario (the “Chief Executive Officer”), the Director, Litigation and Enforcement (the “Director”) issued a Notice of Proposal to suspend Quattrociocchi’s licence for six months and to impose an administrative penalty on Quattrociocchi.
A request for Hearing (Form 1), dated September 27, 2021, was delivered to the Financial Services Tribunal (the “Tribunal”) in accordance with section 39(5) of the Act respecting the Notice of Proposal.
On June 19, 2024, by delegated authority from the Chief Executive Officer, the Director issued another Notice of Proposal. This second Notice of Proposal proposed to impose administrative penalties on Quattrociocchi and a company that she owns, Diamond Capital Investments Inc. (“Diamond Capital"). Diamond Capital has never been licensed under the Act.
Requests for Hearing (Form 1s), dated July 5, 2024, were delivered to the Tribunal. The Tribunal joined the matters with the Notice of Proposal from 2021.
On January 22, 2026, Quattrociocchi and Diamond Capital withdrew their Requests for Hearing, and, on January 23, 2026, the Tribunal closed its file in respect of this matter.
This order is made pursuant to a settlement entered into by Quattrociocchi, Diamond Capital and the Director. Therefore, the Director, Litigation and Enforcement, by delegated authority from the Chief Executive Officer, makes the following orders.
Four administrative penalties in the total amount of $30,000 are hereby imposed on Sabine Quattrociocchi (“Quattrociocchi”), for the reasons set out in the Minutes of Settlement dated January 15, 2026.
TAKE NOTICE THAT the Financial Services Regulatory Authority of Ontario will deliver an invoice to Quattrociocchi with information as to where and how to pay the administrative penalties. Quattrociocchi must pay the administrative penalties no later than thirty (30) days after the date of this Order or as otherwise agreed on.
If Quattrociocchi fails to pay the administrative penalties in accordance with the terms of this Order, the Chief Executive Officer 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 the order imposing the penalty is a debt due to the Crown and is enforceable as such.
DATED at Toronto, Ontario, January 26, 2026.
Original signed by
Elissa Sinha
Director, Litigation and Enforcement
By delegated authority from the Chief Executive Officer
An administrative penalty of $20,000 is hereby imposed on Diamond Capital Investments Inc. (“Diamond Capital”), for the reasons set out in the Minutes of Settlement dated January 15, 2026.
TAKE NOTICE THAT the Financial Services Regulatory Authority of Ontario will deliver an invoice to Diamond Capital with information as to where and how to pay the administrative penalties. Diamond Capital must pay the administrative penalties no later than thirty (30) days after the date of this Order or as otherwise agreed on.
If Diamond Capital fails to pay the administrative penalties in accordance with the terms of this Order, the Chief Executive Officer 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 the order imposing the penalty is a debt due to the Crown and is enforceable as such.
DATED at Toronto, Ontario, January 26, 2026.
Original signed by
Elissa Sinha
Director, Litigation and Enforcement
By delegated authority from the Chief Executive Officer
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