Alert:
For more information on the cybersecurity incident, please visit the cybersecurity incident page.
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 |
|---|---|---|---|---|
| Richard, David | 16 March 2021 | $286,613 | ON | None |
| Rihawi, Mahmoud | 27 November 2018 | $87,500 | ON | Partial |
| Ristovski, Dejan | 31 August 2023 | $111,000 | AB | None |
| Rivet, Nicholas | 2 November 2023 | $7,500 | ON | None |
| Rizovska-Spasik, Sandra | 22 September 2022 | $15,500 | ON | Partial |
| Robinson, Kelly | 9 September 2016 | $55,000 | BC | None |
| Rojas Diaz, Omar | 29 January 2021 | $54,770 | ON | Partial |
| Romain, Ernest | 19 September 2016 | $47,500 | ON | None |
| Rombough, Allan | 22 August 2018 | $75,000 | ON | None |
| Rosicki, Rafal | 25 June 2019 | $32,000 | ON | None |
Welcome to CIRO.ca!
You can find the Canadian Investment Regulatory Organization (CIRO) at CIRO.ca with our fresh look and feel.