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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 |
|---|---|---|---|---|
| Man, Barbara | 6 November 2013 | $10,000 | ON | None |
| Manalang, Ryan | 9 January 2025 | $27,000 | SK | None |
| Manalastas, Jose | 19 June 2020 | $63,500 | ON | None |
| Manning, Grant | 18 December 2015 | $55,000 | ON | None |
| Marek, Earl | 1 February 2017 | $65,000 | ON | Partial |
| Marshall, Robert | 14 January 2015 | $182,500 | ON | None |
| Martens, Henry | 10 July 2013 | $55,000 | BC | None |
| Martin, Cesar | 24 June 2014 | $160,000 | ON | None |
| Martin, Charles | 12 October 2016 | $82,500 | ON | None |
| Masood, Mohammad | 27 November 2018 | $72,500 | ON | None |
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