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 June 30, 2026
Unpaid Fines Report
| Individual | Date of Penalty Decision or Settlement Agreement | Amount of Fine, Disgorgement (if any) and/or costs | Province | Amount Paid |
|---|---|---|---|---|
| McAuley, Chris Michael | 23 March 2011 | $40,000 | ON | None |
| McBurney, Michael | 10 November 2015 | $82,500 | ON | None |
| McCarthy, Joan Marie | 23 December 2021 | $1,103,522.14 | NL | None |
| McCullough, Brian | 9 February 2017 | $85,000 | BC | None |
| McErlean, Shaun Gerard | 16 March 2012 | $90,000 | ON | None |
| McIntosh, Leslie | 13 May 2013 | $1,660,000 | AB | None |
| McIvor, Lee | 5 March 2019 | $37,500 | MB | None |
| McIvor, Lee | 7 May 2020 | $85,000 | MB | None |
| McKee, Michael Alexander | 20 February 2020 | $35,000 | ON | Partial |
| Mckenzie, Sherry | 9 February 2017 | $65,000 | ON | None |