Alert:
A nationwide postal strike or lockout began on November 15, 2024. Dealer Members must take steps to ensure that document delivery requirements prescribed under CIRO Rules continue to be met.
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 September 30, 2023
Unpaid Fines Report
| Individual | Date of Penalty Decision or Settlement Agreement | Amount of Fine, Disgorgement (if any) and/or costs | Province | Amount Paid |
|---|---|---|---|---|
| Vandermey, Adam | 24 August 2017 | $210,000 | ON | None |
| Vandervelden, Joseph | 14 October 2005 | $500,000 | ON | None |
| Vargas, Carlos Manuel | 13 February 2019 | $670,000 | ON | Partial |
| Varteresian, Peter | 6 November 2020 | $2,000 | NS | None |
| Vatanchi, Rouzbeh | 29 June 2015 | $132,500 | ON | None |
| Vendrov, Roman | 29 July 2019 | $122,500 | ON | Partial |
| Vilfort, James | 3 December 2010 | $45,000 | ON | None |
| Villarin, Dennis | 23 April 2014 | $260,000 | MB | None |
| Visanji, Mahmoud | 10 November 2014 | $5,000 | ON | None |
| Visneskie, Mervin | 21 June 2018 | $665,531 | ON | None |