Investor Alert:
CIRO is warning Canadian investors about fraudulent emails impersonating Interactive Brokers Canada Inc. (IBKR), a CIRO member.
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 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 |
|---|---|---|---|---|
| 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 |
| Rudensky, Andrew Paul | 9 July 2019 | $80,423 | ON | None |
| Ruemper, Douglas Bryan | 25 May 2010 | $27,500 | BC | Partial |
| Rush, Robert | 2 February 2014 | $100,000 | BC | None |
| Rutledge, Christopher | 2 November 2017 | $30,000 | ON | None |
| Rutledge, Jeffrey | 11 February 2023 | $2,478,974 | BC | None |
| Ryan, Darlene Catherine | 10 May 2012 | $1,007,500 | NB | None |
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