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 |
|---|---|---|---|---|
| Myatovic, Marco | 7 November 2014 | $500,000 | BC | None |
| Mytting, Syvert | 30 July 2012 | $70,000 | BC | None |
| Naek, Omer | 19 December 2025 | $164,153 | QC | None |
| Nemy, Robert | 30 April 2011 | $112,500 | ON | None |
| Newbury, Richard Shaw | 8 March 2019 | $10,000 | BC | None |
| Ng, Gary | 27 May 2022 | $5,194,000 | BC | None |
| Ng, Seung Tung | 16 June 2016 | $160,000 | ON | None |
| Nguyen, Quan | 5 March 2019 | $81,500 | ON | None |
| Nieswandt, Rodney Joseph | 1 November 2018 | $150,000 | SK | None |
| Noronha, Jayanth | 13 March 2017 | $930,129 | ON | None |