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Unpaid Fines Report



​Current as of March 4, 2016


This report identifies advisors and other individuals who had been employed at IIROC-regulated firms and who have not paid the full amount of a fine, disgorgement, and/or costs order imposed as a result of enforcement proceedings before an IIROC Hearing Panel. The report is intended to serve as an informational tool; it is not meant to be a list of individuals currently indebted to IIROC. Accordingly, the report may include the names of individuals who received a bankruptcy discharge subsequent to the order being made. 

The report is updated quarterly and lists individuals who were disciplined by IIROC ("disciplined individuals") as early as June 1, 2008, when IIROC was created. Penalties are imposed upon disciplined individuals by an IIROC Hearing Panel either:

  • following a contested hearing, or
  • by approval of a settlement agreement.
To learn more about IIROC's Enforcement process, see How Our Enforcement Process Works. Disciplined individuals who have not paid the amount levied within 60 days will be placed on this report.
 
Please note that this report does not include matters where a disciplined individual has appealed or sought a review of a decision made by an IIROC Hearing Panel. Details on penalties can be found by selecting the disciplined individual’s name in the Unpaid Fines Report.
 

June 12, 2014 Press Release - IIROC publishes names of individuals with outstanding fines



A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P  Q  R   S   T   U   V   W   X   Y   Z   

Disciplined Individual Date of Penalty Decision or Settlement Agreement Amount of Fine, Disgorgement (if any) and/or costs Province Amount Paid (None/Partial)
A        
Ahn, Harold Hee 24 May 2011 $1,057,000 ON None
Ahrens, Robert Justin 29 September 2014 $20,000 BC None
Armstrong, Norman 5 October 2015 $103,978 ON None
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B        
Bateman, Scott 28 May 2014 $22,000 BC None
Beaulne, Benoit 31 October 2012 $41,491 QC None
Becher, Robert Campbell 2 June 2014 $25,000 ON Partial
Beck, Gary 17 July 2012 $38,315 ON None
Beland, Alain 18 November 2010 $15,000 QC None
Benarroch, Georges 16 February 2011 $300,000 ON None
Bergeron, Andre 3 October 2008 $75,000 QC None
Bergeron, Daniel Claude 26 February 2013 $45,000 QC None
Biduk, Roger Michael 21 August 2013 $150,000 QC None
Blanchard, Shelley 10 April 2013 $5,000 ON None
Bortolin, Sandy Joseph 13 March 2012 $600,000 ON None
Boswell, Robert William 31 October 2008 $125,000 AB None
Brodie, John Edward 5 July 2013 $80,000 NS None
Buskell, John D.W. 25 June 2008 $81,836 AB None
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C        
Chang, Lawrence Bradley 20 January 2014 $107,500 BC None
Chang, Lawrence Bradley 10 November 2009 $32,000 BC None
Chung, Darin 19 November 2015 $45,000 BC None
Clarke, Gary 19 January 2016 $32,500 BC None
Clarke, Jeremie Steven 7 July 2011 $18,000 QC Partial
Cohen, Idan 22 February 2012 $91,666 ON Partial
Cohen, Jamie 23 February 2012 $91,666 ON Partial
Cole, Henry 3 February 2012 $5,030,022 ON None
Collias, John Anastasious 31 August 2009 $10,000 BC None
Collias, John Anastasious 5 July 2010 $25,000 BC None
Connacher, David 10 May 2011 $571,316 ON None
Connor, Robert 18 November 2015 $40,000 ON None
Cooney, Patrick 28 January 2011 $100,000 MB Partial
Cusson, Alan 21 June 2012 $165,000 QC None
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D        
Dass, Charles Kamal 20 April 2009 $303,184 BC None
Dean, Todd Robert 13 September 2010 $40,000 AB Partial
Dennis, James Charles 21 January 2011 $336,855 ON None
Dennis, Mark Allen 31 July 2012 1,482,500 ON None
Dettelbach, Krista 21 January 2011 $115,000 ON None
Dickson, Gordon Bruce 10 March 2014 $60,000 BC None
Dirani, Wasseem 5 February 2014 $45,600 ON Partial
D'Ugo, Tony 26 March 2010 $55,000 ON None
Duke, Dean Shannon 27 October 2011 $20,000 BC None
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E        
Elue, Afam 15 July 2014 $22,500 ON Partial
Esson, Nancy 17 June 2010 $27,000 ON None
Ewaniuk, Ross Patrick 27 April 2010 $32,500 AB None
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F        
Faber, Kathryn 26 March 2014 16,000 ON Partial
Fearn, Erica 10 March 2010 $52,000 BC None
Floyd, Charles Bruce 27 May 2013 $120,860 AB None
Fridgant, Mark 10 October 2004 $125,000 ON None
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G        
Gareau, Kenneth 2 January 2012 $167,383 SK None
Gaudreault, Jean Yves 23 March 2015 $18,000 QC None
Geddes, William Michael 28 February 2012 $31,500 BC None
Georgakopoulos, Konstantinos 7 September 2009 $114,576 BC None
Glover, Marjorie Ann 16 February 2011 $75,000 ON None
Groome, Reginald Alfred 27 May 2013 $94,198 QC None
Gunderson, Trevor Ian 13 November 2012 $28,000 AB None
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H        
Harding, Randal William 16 December 2011 $167,861 ON None
Hodge, Craig 18 May 2013 $90,000 ON None
Hoffar, Matthew Douglas 20 February 2012 $60,000 BC None
Holmes, Robert Bruce 16 April 2014 $125,000 BC None
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I        
Igra, Irwin 22 June 2009 $12,500 ON Partial
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J        
Jacobsen, Ivan 14 June 2013 $29,596 BC None
Jacobsen, Keith 14 June 2013 $19,596 BC None
Jannetta, James 18 May 2010 $51,500 MB None
Jaques, Simon Roy 9 July 2014 $100,000 BC None
Jones, Catherine Deborah 25 May 2015 $63,000 BC Partial
Jones, James Gwilym 10 August 2012 $210,000 AB None
Jones, Michael 24 March 2011 $43,000 ON None
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K        
Kent, Linda 16 February 2011 $245,000 ON None
Kotar, Hugo Michael Nicolas 21 January 2015 $22,500 BC None
Kumar, Brian Anish 19 August 2015 $55,000 ON None
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L        
Lalonde, Pierre 7 February 2012 $160,000 QC None
Lambert, James Dale 5 April 2013 $13,000 SK None
Lann, Ronald 14 January 2013 $115,000 QC None
Laroche, Alain 9 May 2012 $25,000 QC None
Lee, Gabriel Ka Leung 9 March 2013 $80,000 AB None
Leigh, Michael Scott 26 January 2010 $106,000 ON None
Lemay, Jean Francois 14 May 2013 $60,000 QC None
Lewis, Robert 12 November 2015 $195,000 BC None
Lohrisch, Dirk Christian 26 July 2010 $67,000 BC None
Lowe, Doreen 7 November 2013 $100,000 BC None
Lower, Scott Phillip 11 August 2009 $55,065 BC None
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M        
MacMenamin, James Martin 3 June 2010 $30,000 ON None
Malley, Brian Andrew 25 June 2014 $335,000 AB None
Malley, Christine Marie 25 June 2014 $265,000 AB None
Martens, Henry 10 July 2013 $55,000 BC None
Matthews, Grant Patrick 5 January 2015 $220,000 AB None
McErlean, Shaun Gerard 16 March 2012 $90,000 ON None
McKimm, Malcolm Joseph 30 August 2010 $55,000 AB Partial
Mechaka, Yves 30 July 2009 $50,000 QC None
Melville, Alistair Malcolm 23 October 2014 $410,000 ON None
Moldovan, Traian 16 April 2014 $125,000 BC None
Mondal, Probhash 1 June 2015 $110,000 ON None
Moran, Stephen 9 November 2012 $22,500 QC None
More, Nicola 23 June 2014 $35,000 BC Partial
Morrison, Trevor Scott 16 January 2009 $61,000 BC None
Myatovic, Marco 7 November 2014 $500,000 BC None
Mytting, Syvert 30 July 2012 $70,000 BC None
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N        
Nemy, Robert 30 April 2011 $112,500 ON None
Nguyen Qui, Vinh Phat 17 September 2012 $30,000 QC None
Nott, Kenneth 30 April 2011 $22,500 ON None
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O        
O'Neill, Patrick David 11 April 2011 $879,985 QC None
Opaleke, Sunday Bamidele 6 October 2014 $95,000 MB None
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P        
Pan, Sammy Shieh Lung 27 April 2012 $165,000 BC None
Park, James Seong II 1 October 2010 $40,000 ON None
Parkinson, David Charles 14 March 2012 $40,000 BC Partial
Pawar, Gurpreet Singh 23 October 2012 $85,000 BC None
Paziuk, Timothy Roy 28 October 2009 $25,000 BC None
Petriccione, Anthony 6 May 2010 $52,000 ON None
Phillips, David Charles 2 October 2013 $2,115,111 ON None
Phillips, Donald Earl 5 February 2015 $110,000 MB None
Phillips, Melaney 16 November 2011 $315,350 BC None
Phillips, Robert Mortimer 6 March 2010 $125,000 QC None
Prior, Glenn 17 January 2013 $25,000 ON None
Puri, Rajiv 20 January 2014 $46,000 ON None
Putzi, Ronald Anton 24 June 2014 $27,500 BC None
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R        
Rada, Marcel Anil 2 May 2011 $85,000 BC None
Rail, Stephane 27 March 2012 $110,000 QC None
Ramsay, Pirkko Ann 16 July 2013 $236,000 ON None
Rao, Gregory 7 February 2011 $285,000 ON None
Ricci, Julian Robert 6 March 2015 $215,000 ON None
Roy, Richard 15 February 2011 $22,500 QC Partial
Ryan, Darlene Catherine 10 May 2012 $1,007,500 NB None
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S        
Sarkissian, Sarkis 19 January 2010 $625,000 QC None
Sauder, Ian Douglas 14 May 2010 $225,000 ON None
Schayes, David Guy 15 December 2014 $90,000 AB None
Schoer, Roger 26 May 2011 $300,000 ON None
Scoten, Samuel Ryan 21 November 2012 $55,000 BC None
Shamseer, Savitri 24 January 2011 $55,000 ON None
Shep, David Francis 22 February 2010 $100,000 ON None
Silvaggio, Maria Celeste 7 August 2011 $150,000 QC Partial
Siska, Daniel 16 April 2015 $18,000 QC None
Sloan, David Edward 22 July 2014 $15,000 ON None
Smith, Daniel Edward 11 April 2013 $55,000 BC None
Smith, David Kenneth 6 November 2009 $54,329 BC None
Steel, Jordan 5 February 2013 $108,454 BC None
Steer, Douglas Terrence 27 January 2015 $156,000 BC None
Stefiuk, Todd William 26 April 2011 $40,000 AB Partial
Stoneburg, Ronald 15 December 2010 $455,000 ON None
St Pierre, Luc 18 August 2008 $100,000 QC None
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T        
Taggart, Glenn Arthur 30 April 2015 $90,000 ON None
Taggart, Glenn Arthur 8 May 2013 $18,000 ON Partial
Teng, Maoqing 14 August 2012 $15,000 BC None
Toh, Weng Lok 20 June 2011 $25,000 AB None
Trenholm, Daniel Murray 24 November 2009 $30,000 NS None
Trites, Bradley Ferris 27 October 2010 $29,500 BC None
Turenne, Jacques 28 October 2015 $30,000 QC None
Turenne, Jacques 25 July 2013 $11,000 QC Partial
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V        
Van Benthem, Paul 6 May 2010 $52,000 ON None
Vitug, Julius Caesar Phillip 12 August 2010 $445,000 ON None
Voncina, Gary 22 October 2010 $15,500 AB Partial
Voyer, Carol 3 November 2011 $45,000 QC Partial
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W        
Wenman, James Edward Lytton 7 February 2012 $12,500 BC None
Williamson, Gary John 22 February 2011 $45,000 ON None
Wilson, Brian Vaughn 26 July 2011 $111,000 ON None
Wilson, John Russell 2 October 2013 $615,000 ON None
Wong, Hector 29 October 2010 $125,000 ON None
Wood, Daryl William 14 October 2014 $15,000 BC None
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Y        
Young, Karen Marie 2 June 2010 $42,500 BC None
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