The Quebec Superior Court ruled earlier this month that a federal government decision that abolishes early parole for white collar crime is unconstitutional.
A similar case is also before the Supreme Court of Canada.
Jones is currently serving an 11-year-sentence after he pleaded guilty to two counts of fraud in 2010.
The self-styled financial adviser bilked 158 clients out of $50.3 million between 1982 and 1999. Many of his former clients were elderly and lost their entire life savings.
Jones waived his right to a parole hearing in June.
According to the Parole Board of Canada, Jones said he had another release plan, although it's not clear what that plan was.
A new panel review has been scheduled for September 2015.