OSC Proceedings

Respondents Delinquent in Payment of Commission Orders


The list below identifies respondents who are delinquent in paying administrative penalties, disgorgement orders and/or costs imposed in enforcement proceedings before the Commission. The list dates back to January 1, 2005. Most respondents are also subject to conduct prohibition orders imposed by the Commission, such as trading bans and bans on acting as a director or officer of a public company. For more information about specific sanctions, including conduct orders, click the order link below each respondent’s name.

The information on this list is current as at March 31, 2014, and the list will be updated quarterly as at March 31, June 30, September 30 and December 31. For each respondent, the list indicates the amount owing individually and the amount owing jointly with other respondents, as well as whether the full amount or a partial amount is outstanding.

In contested matters, a respondent will be placed on the delinquent respondents list no earlier than 60 days after the relevant Commission order is issued unless an appeal has been filed and assuming the order contains no specific provision for date of payment.

Where a respondent enters into a settlement agreement and the agreement expressly provides for immediate payment or is silent with respect to the payment date for monies owed, the respondent will be placed on the list no earlier than 30 days from the date of the Commission order approving the settlement.

If an order or a settlement agreement stipulates dates that payments are to be made by and a payment is not made in accordance with that schedule, a respondent will be placed on the list no earlier than 30 days from the date the payment was due.

The delinquent respondents list does not include amounts owing to the Commission in proceedings that are subject to ongoing litigation or outstanding appeals or costs owing to the Commission which were imposed by courts in Ontario.

For more about conduct bans and monetary sanctions, see Sanctions by the Commission.
























































Related - Delinquent Respondents

Investor Warnings