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Unpaid Fines Report
The Unpaid Fines Report is for information purposes only and is updated on a quarterly basis. The report lists individuals who failed to pay fines, disgorgement, or the costs imposed as a result of an enforcement proceeding before a CIRO Hearing Panel (or a prior IIROC or MFDA Hearing Panel).
Updated as of December 31, 2024
Unpaid Fines Report
| Individual | Date of Penalty Decision or Settlement Agreement | Amount of Fine, Disgorgement (if any) and/or costs | Province | Amount Paid |
|---|---|---|---|---|
| Backer, Harold | 9 August 2018 | $2,763,136 | BC | None |
| Balani, Lachman | 16 June 2020 | $132,500 | ON | None |
| Ballanger, Michael | 6 June 2018 | $15,000 | ON | None |
| Bangyay, Richard | 24 June 2013 | $260,000 | ON | None |
| Bansal, Gurpreet | 6 October 2016 | $15,000 | BC | None |
| Barkwell, Richard | 11 December 2018 | $10,000 | BC | None |
| Bartolini, Deborah (Debbie) | 24 May 2016 | $55,000 | ON | None |
| Batac, Ellen Grace | 24 June 2014 | $2,010,000 | ON | Partial |
| Bateman, Scott | 28 May 2014 | $22,000 | BC | None |
| Batla, Azhar | 18 November 2022 | $160,000 | ON | None |
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