Ontario’s real estate regulator is getting a new boss.

The province is appointing an administrator to oversee the Real Estate Council of Ontario (RECO) in the wake of the iPro scandal , which raised widespread concerns about the regulator’s ability to protect consumers from theft and fraud.

“To prevent serious harm to the interests of the public and consumers, I have determined that it is necessary to appoint an administrator to assume control of and responsibility for RECO, including all powers and duties of the board of directors, officers, and members of RECO,” wrote Stephen Crawford, minister of Public and Business Service Delivery and Procurement, which oversees RECO.

The letter, which is addressed to Katie Steinfeld, the chair of RECO’s board of directors and CEO Brenda Bucha

See Full Page