Advisors who haven’t paid their IIROC fines or disciplinary costs will be publicly named by IIROC in a new quarterly report.

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IIROC published its first report today, naming individuals who haven’t paid fines, disgorgement or costs from disciplinary actions since 2008.

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There are more than 100 outstanding fines, and total about $24 million. Individual amounts range from $5,000 to more than $5 million. Those facing fines come from Ontario, Quebec, Alberta, Nova Scotia, New Brunswick, British Columbia, Manitoba and Saskatchewan.

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Last year, IIROC collected 98.1% of the penalties it levied against firms, and 10.5% of those against individuals. IIROC suspends the licenses of those who don’t pay.

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