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, 2025

Unpaid Fines Report

Individual Date of Penalty Decision or Settlement Agreement Amount of Fine, Disgorgement (if any) and/or costs Province Amount Paid
Gaminde, Hazel 24 June 2014 $5,000 ON None
Gareau, Kenneth 2 January 2012 $167,383 SK None
Gaudreault, Jean Yves 23 March 2015 $18,000 QC None
Gaunt, Geoffrey 20 September 2013 $45,000 NS None
Gebert, Jeffrey Edward 14 November 2016 ​$295,000 ON None
Geddes, William Michael 28 February 2012 $31,500 BC None
Georgakopoulos, Konstantinos 7 September 2009 $114,576 BC None
Ghani, Kamran 27 August 2012 $157,500 ON None
Gibson, Stephen 21 July 2015 $31,000 ON Partial
Gibson, Stuart 2 December 2019 $107,500 ON Partial

Welcome to CIRO.ca!

You can find the Canadian Investment Regulatory Organization (CIRO) at CIRO.ca with our fresh look and feel.