National Adjudicatory Council

The National Adjudicatory Council (NAC) is a FINRA committee that reviews initial decisions rendered in FINRA disciplinary and membership proceedings. While a decision is on appeal, the sanction is not actively enforced against the firm or individual. The NAC may affirm, dismiss, modify, or reverse any finding, or remand for further proceedings. The NAC may affirm, modify, reverse, increase, or reduce any sanction or impose any other fitting sanction.

Unless FINRA's Board of Governors decides to review the NAC's appellate decision, the NAC's decision represents FINRA's final action. A firm or individual can appeal FINRA's decision to the Securities and Exchange Commission.

Date of Decision Proceeding No.sort descending Title Type
Dec 22, 2015 2010025350001 Roric E. Griffith Disciplinary Decision
Mar 15, 2017 2011025444501 Wood (Arthur W.) Company, Inc. Disciplinary Decision
Feb 25, 2014 2011025643201 Ronald E. Walblay Disciplinary Decision
May 14, 2014 2011025674101 Shlomi S. Eplboim Disciplinary Decision
Aug 23, 2016 2011025675501 APPEALED: Kimberly Springsteen-Abbott Disciplinary Decision
Jul 20, 2017 2011025675501r APPEALED: Kimberly Springsteen-Abbott Disciplinary Decision
Aug 3, 2016 2011025851501 APPEALED: KCD Financial, Inc. Disciplinary Decision
Mar 9, 2015 2011025899601 David and Sian Harari Disciplinary Decision
Dec 10, 2014 2011025957702 Gary Giblen Disciplinary Decision
Jan 13, 2017 2011026346206 Jaoshiang Luo Disciplinary Decision
Mar 3, 2015 20110269351 John Cherry, III Disciplinary Decision
Dec 21, 2017 2011027007901 Shashishekhar Doni Disciplinary Decision
Jul 25, 2014 2011027007901 APPEALED: Shashishekhar Doni Disciplinary Decision
Dec 17, 2015 20110273503 Richard A. McGuire Disciplinary Decision
May 26, 2017 2011027666902 APPEALED: Merrimac Corporate Securities, Inc., and Robert G. Nash Disciplinary Decision
Mar 13, 2017 2011027926301 Matthew Joseph Sheerin Disciplinary Decision
Jul 27, 2015 2011027993301 APPEALED: Michael Earl McCune Disciplinary Decision
Feb 27, 2015 2011028061001 APPEALED: Keilen Dimone Wiley Disciplinary Decision
Jul 19, 2016 2011028502101 North Woodward Financial Corp. and Douglas A. Troszak Disciplinary Decision
Feb 21, 2014 2011029152401 William Bruce Smith Disciplinary Decision
Dec 29, 2015 2011029619301 APPEALED: Kenny Akindemowo Disciplinary Decision
Apr 24, 2014 2011029760201 Charles Schwab & Company, Inc. Disciplinary Decision
Oct 8, 2014 2011030192201 APPEALED: Alfred P. Reeves, III Disciplinary Decision
Aug 3, 2017 2012030527503 APPEALED: Thaddeus James North Disciplinary Decision
Jan 6, 2017 2012030724101 Fox Financial Management Corporation, Brian A. Murphy, James E. Rooney, Jr. Disciplinary Decision

Pages