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 |
|---|---|---|---|---|
| Snow, David | 25 November 2008 | $15,000 | NL | None |
| Sobrevilla, Arsenio | 23 April 2014 | $25,000 | MB | None |
| Soco, Lou Albert Cruz | 7 April 2026 | $518,067.25 | AB | None |
| Sojka, Henry | 14 September 2016 | $120,000 | BC | None |
| Sole, Robert Edward | 5 June 2018 | $90,000 | ON | Partial |
| Sole, Robert Edward | 28 July 2016 | $11,000 | ON | None |
| Solis, Timothy | 23 June 2017 | $57,500 | ON | None |
| Song, Lifan | 6 February 2024 | $25,000 | MB | Partial |
| Sonne, Patricia | 4 December 2023 | $7,500 | ON | None |
| Spencer, Vaughan | 13 June 2012 | $57,500 | ON | None |
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