The registrar for Ontario’s real estate professional regulator is leaving after more than a decade on the job in the wake of the collapse of iPro Realty Ltd.

Brenda Buchanan, the CEO of the Real Estate Council of Ontario, said in a statement on Friday about the departure of Joseph Richer that she acted with the support of the board of directors and that his exit is effective immediately.

As registrar, Mr. Richer was charged with enforcing Ontario’s laws governing the conduct of 110,000 licensed realtors and brokers, including financial audits, disciplinary investigations and hearings for the multibillion-dollar industry.

The move follows Mr. Richer and RECO’s confirmation the regulator had known for months key details about millions of missing dollars removed from the legally protected

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