Tony Ianno - Later Life

Later Life

After the election, the Globe and Mail reported on February 11, 2006 that Ianno had been "burning up the caucus phone lines" testing the waters for a possible bid in the Liberal leadership campaign to replace Martin. On April 8, 2006, Mr. Ianno told Canadian Press that he decided to run for the party presidency, in which he was unsuccessful.

On March 9, 2010, the Ontario Securities Commission made allegations of market manipulation against Ianno. Ianno has denied the charges. The matter was heard before the commission in September 2011. Ianno accepted a plea deal which had him pay a $100,000 fine and was banned from working as a stock trader for five years.

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