Individuals or companies with unpaid OSC sanctions

The Ontario Securities Commission (OSC) identifies, in the list below, individuals or companies with unpaid administrative  penalties, disgorgement orders and costs, and any applicable interest, ordered against them in enforcement proceedings. Individuals or companies who have monetary sanctions against them may also have conduct bans such as trading bans and bans on acting as a director or officer of a public company. This information, if applicable, is included in the Commission order.

This list is updated quarterly.

When will an individual or company be added to this list?

Generally speaking, an individual or company who does not pay the full amount of the monetary sanctions ordered against them will be placed on this list no earlier than 30 days after the relevant Commission order is issued, unless an appeal has been filed. However, there are other situations which may affect this, such as:

  • if the Commission order contains a specific provision for date of payment, placement on the list will occur no earlier than 30 days after that date
  • if a settlement agreement expressly provides for a date for payment, placement on the list will occur no earlier than 30 days from the date in the agreement
  • if a settlement order is silent as to payment date, placement on the list will occur no earlier than 30 days from the date of the Commission order approving the settlement
  • if a Commission order or a settlement agreement stipulates dates that recurring payments are to be made by, and a payment is not made in accordance with that schedule, placement on the list will occur no earlier than 30 days from the date the payment was due

Please note: amounts owing to the OSC in proceedings that are subject to ongoing litigation or outstanding appeals or costs owing to the Commission that were imposed by courts in Ontario are not included in the list.

Respondents with requests to update or correct information should contact the OSC.

Delinquent Respondents

Results 41 - 60 of 444
Respondent
Related order
Amount owing individually
Amount owing jointly
Amount outstanding
Axcess Fund, L.P.
$5,854,517.58
(Axcess Automation LLC, Axcess Fund Management LLC, Axcess Fund LP, Driver, Steven M. Taylor, Berkshire Management Services Inc. Carrying On Business As International Communication Strategies, 1303066 Ontario Ltd. Carrying On Business As Acg Graphic Communications, Montecassino Management Corporation, Reynold Mainse and World Class Communications)
Full
Axcess Fund Management, LLC
$5,854,517.58
(Axcess Automation LLC, Axcess Fund Management LLC, Axcess Fund LP, Driver, Steven M. Taylor, Berkshire Management Services Inc. Carrying On Business As International Communication Strategies, 1303066 Ontario Ltd. Carrying On Business As Acg Graphic Communications, Montecassino Management Corporation, Reynold Mainse and World Class Communications)
Full
Axton 2010 Finance Corp.
$477,552.43
(Edward Furtak, Axton 2010 Finance Corp., Strict Trading Limited, Lorne Allen, Strictrade Marketing Inc., Ronald Olsthoorn, and Trafalgar Associates Limited)
Full
Azeff, Paul
$974,996.00
Full
Bajovski, Nikola
$67,603.00
$64,343.00
(Global Energy Group, Ltd., Vadim Tsatskin, Nikola Bajovski)
Full
Balazs, Peter
$2,445,680.61
(Bluestream Capital Corporation, Bluestream International Investments Inc., Krown Consulting Corp., 1859585 Ontario Ltd. (Operating As Sovereign International Investments) and Peter Balazs)
Partial
Banik, Dipak
$129,700.00
Full
Banks, Lorne
$66,500.00
Partial
Banumas, Tracey
$5,000.00
Full
Bassingdale, Scott
$157,248.00
$154,924.16
(York-Rio Resources Inc. AND Brilliante Brasilican Resources Corp. AND Scott Bassingdale)
Partial
Baum, Michael
$60,000.00
Full
Berkshire Management Services Inc. (carrying on business as International Communication Strategies)
$2,278,284.90
Full
Bishop, Steve
$150,000.00
Full
Black Panther Trading Corporation
$713,440.05
(Black Panther Trading Corporation and Charles Robert Goddard)
Partial
Blackett, Sylvan
$500,000.00
$1,584,377.00
(2150129 Ontario Inc., Sylvan Blackett)
Full
Blackwood & Rose Inc.
$117,130.17
(Blackwood & Rose Inc, Stevcen Zetchus)
Full
Bluestream Capital Corporation
$2,445,680.61
(Bluestream Capital Corporation, Bluestream International Investments Inc., Krown Consulting Corp., 1859585 Ontario Ltd. (Operating As Sovereign International Investments) and Peter Balazs)
Partial
Bluestream International Investments Inc.
$2,447,390.45
(Bluestream Capital Corporation, Bluestream International Investments Inc., Krown Consulting Corp., 1859585 Ontario Ltd. (Operating As Sovereign International Investments) and Peter Balazs)
Partial
Blumenfeld, Howard
$348,000.00
Partial
Bobrow, Korin
$435,217.00
Full