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 |
|---|---|---|---|---|
| Rizovska-Spasik, Sandra | 22 September 2022 | $15,500 | ON | Partial |
| Robertson, David Alan | 30 May 2025 | $12,500 | BC | Partial |
| Robinson, Kelly | 9 September 2016 | $55,000 | BC | None |
| Rojas Diaz, Omar | 29 January 2021 | $54,770 | ON | Partial |
| Romain, Ernest | 19 September 2016 | $47,500 | ON | None |
| Rombough, Allan | 22 August 2018 | $75,000 | ON | None |
| Rosicki, Rafal | 25 June 2019 | $32,000 | ON | None |
| Roskaft, Reginald | 14 April 2014 | $257,500 | ON | None |
| Roy, Duncan | 4 April 2018 | $25,000 | ON | Partial |
| Roy, Richard | 15 February 2011 | $22,500 | QC | Partial |