Enforcement

Enforcement plays a key role in IIROC's pursuit to protect investors and support healthy capital markets.

For more information, see our Guide to Enforcement Proceedings and our annual Enforcement Report.

By searching for an enforcement proceeding below, you can view the notices and decisions associated with an active proceeding or the IIROC Hearing Panel decisions associated with a concluded proceeding.

In addition, IIROC Hearing Panel reasons issued since June 2008 are available free of charge on CanLii (the Canadian Legal Information Institute).

Hearing Calendar:

July 29, 2021, 10:00 a.m.
iA Private Wealth Inc.
Ontario
Via Videoconference.
Please contact the National Hearing Officer for details at [email protected]

August 12, 2021, 10:00 a.m.
Kamal Lidder
British Columbia
Via Videoconference.
Please contact the National Hearing Officer for details at [email protected]

August 13, 2021, 10:00 a.m.
Alberto Storelli
British Columbia
Via Videoconference.
Please contact the National Hearing Officer for details at [email protected]

August 16-20, 2021, 10:00 a.m.
Neil DiCostanzo
Ontario
Via Videoconference.
Please contact the National Hearing Officer for details at [email protected]

August 31 to September 2, 2021, 10:00 a.m.
Mark Odorico
Ontario
Via Videoconference.
Please contact the National Hearing Officer for details at [email protected]

September 22, 2021, 9:30 a.m.
Sylvain Trudel
Quebec
Via Videoconference.
Please contact the National Hearing Officer for details at [email protected]

October 4-8, 12-15, 18-22, 2021, 10:00 a.m.
Joseph Anthony Thomson and Gerald Douglas McRae
Ontario
Aitchison & Denman
155 University Ave., 8th Floor
Toronto, Ontario

October 18-22, 25-29, 2021, 10:00 a.m.
Gary Man Kin Ng and Donald Warren Metcalfe
British Columbia
Reportex Agencies
1010-925 West Georgia Street
Vancouver, British Columbia

Filter enforcement proceedings by...

Date Commenced
Date Concluded
Outcome
Fine $15,000; Costs $1,500; Conditions
Date Commenced
Date Concluded
Outcome
Fine $75,000; Costs $5,000; Suspension; Conditions
Date Commenced
Date Concluded
Outcome
Fine $40,000; Costs $2,500; Suspension; Conditions
Date Commenced
Date Concluded
Outcome
Fine $155,000; Costs $15,000; Conditions
Date Commenced
Date Concluded
Outcome
Fine $10,000; Costs $1,000; Suspension
Date Commenced
Date Concluded
Outcome
Fine $175,000; Costs $10,000; Permanent Bar
Date Commenced
Date Concluded
Outcome
Costs $2,500; Disgorgement $55,450; Permanent Bar
Date Commenced
Date Concluded
Outcome
Fine $250,000; Costs $25,000