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 |
|---|---|---|---|---|
| Shields, Yonathan Chanoch | 20 October 2021 | $139,054.80 | ON | Partial |
| Silvaggio, Maria Celeste | 7 August 2011 | $150,000 | QC | Partial |
| Simba, Muchoki | 20 February 2012 | $257,500 | ON | None |
| Singh, Ashutosh | 14 February 2014 | $10,000 | ON | None |
| Siska, Daniel | 16 April 2015 | $18,000 | QC | None |
| Sivasubramanian, Wijaysri (Bobby) | 14 April 2011 | $1,025,000 | ON | None |
| Sloan, David Edward | 22 July 2014 | $15,000 | ON | None |
| Smith, Daniel Edward | 11 April 2016 | $55,000 | BC | None |
| Smith, David Kenneth | 6 November 2009 | $54,329 | BC | None |
| Smith, Kenneth Edward | 4 June 2018 | $145,000 | BC | None |