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 |
|---|---|---|---|---|
| Rawani, Shameel | 27 November 2018 | $72,500 | ON | None |
| Rebeck, Daryl | 23 March 2017 | $50,000 | BC | None |
| Reeves, Scott | 7 March 2017 | $4,510,000 | ON | None |
| Reid, Ann Marie | 29 February 2024 | $145,000 | ON | Partial |
| Renaud, Ferdinand | 24 May 2016 | $100,000 | BC | None |
| Rha, Edward Ho | 25 June 2021 | $165,000 | AB | None |
| 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 |