Enforcement Activity

Updated to March 31, 2026 (CIRO’s Fiscal Year is April 1 to March 31)

For Complaints and Inquiries Statistics, please see Complaints and Inquiries Statistics.

Matters reported through the Complaint and Settlement Reporting System (COMSET) (and prior to February 24, 2025 the Member Event Tracking System (METS))

	FY2026	FY2025	FY2024
COMSET	6113	3777	3050

Case Assessment files open: 160

Investigations open: 102

Active Enforcement Proceedings: 23

Active Hearing and Reviews/Appeals of CIRO hearing panel decisions: 3

SANCTIONS IMPOSED

Individuals

	FY2026	FY2025	FY2024
Decisions	39	50	65
Fines	$6,266,999	$4,992,523	$7,616,342
Costs	$392,113	$473,875	$545,908
Disgorgement	$958,684	$1,718,059	$427,997
Total	$7,617,796	$7,184,457	$8,590,247
Suspension	16	19	24
Permanent Prohibition	10	15	14
Conditions	1	8	13

Firms

	FY2026	FY2025	FY2024
Decisions	9	7	10
Fines	$4,097,500	$2,400,000	$4,752,500
Costs	$285,000	$100,000	$265,000
Disgorgement	$4,305,790	$623,925	$797,017
Total	$8,688,290	$3,123,925	$5,814,517
Suspension	0	1	0
Termination	0	1	0