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. |
Title | Type | |
|---|---|---|---|---|
| Aug 28, 1997 | C01950021 | In the Matter of District Business Conduct Committee for District No. 1, Complainant, vs. Respondent 1 and Respondent 2 | Disciplinary Decision, Redacted Decision | |
| Dec 17, 1997 | C01960003,C01960024 | L.H. Alton & Company & Lewis Hunt Alton | Disciplinary Decision | |
| Aug 11, 1997 | C01960005 | Clyde Joseph Bruff | Disciplinary Decision | |
| Sep 5, 1997 | C01960013 | In the Matter of District Business Conduct Committee for District No. 1, Complainant, vs. Respondent 1 | Disciplinary Decision, Redacted Decision | |
| Apr 7, 1999 | C01960018 | In the Matter of District Business Conduct Committee For District No. 1 Complainant, vs. Respondent Firm 1 and Respondent 2 | Disciplinary Decision, Redacted Decision | |
| Nov 18, 1998 | C01960020 | Daniel Wright Sisson | Disciplinary Decision | |
| Aug 9, 1999 | C01970001 | Joel Dean Moore | Disciplinary Decision | |
| Jul 2, 1998 | C01970012 | Monterey Bay Securities, Inc., & Kenneth Mark Doolittle | Disciplinary Decision | |
| Jul 9, 1998 | C01970012 | Monterey Bay Securities, Inc., & Kenneth Mark Doolittle | Disciplinary Decision | |
| Jul 9, 1998 | C01970012 | In the Matter of District Business Conduct Committee for District No. 1, Complainant, vs. Respondent Firm 1 and Respondent 2 | Disciplinary Decision, Redacted Decision | |
| Jul 2, 1998 | C01970017 | Glen McKinley Richars, III | Disciplinary Decision | |
| Mar 30, 1999 | C01970021 | Robin Bruce McNabb | Disciplinary Decision | |
| Apr 19, 1999 | C01970025 | Gregory Paul Maggipinto | Disciplinary Decision | |
| Aug 20, 1999 | C01970028 | In the Matter of District Business Conduct Committee For District No. 1, Complainant, vs. Respondent Firm 1 and Respondent 2 | Disciplinary Decision, Redacted Decision | |
| Aug 12, 1999 | C01970032 | In the Matter of Department of Enforcement, Complainant vs. Respondent | Disciplinary Decision, Redacted Decision | |
| Apr 10, 2000 | C01990002 | Bernard San Juan Rondez | Disciplinary Decision | |
| Nov 1, 2001 | C02000037 | Paul John Hoeper | Disciplinary Decision | |
| Aug 8, 2003 | C02010041 | Anthony H. Barkate | Disciplinary Decision | |
| Dec 2, 2004 | C02020055 | VMR Capital Markets US | Disciplinary Decision | |
| May 24, 2005 | C02020057 | Alvin W. Gebhart, Jr. and Donna T. Gebhart | Disciplinary Decision | |
| Jul 25, 2007 | C02040016 | Philippe N. Keyes | Disciplinary Decision | |
| Dec 28, 2005 | C02040016 | Philippe N. Keyes | Disciplinary Decision | |
| May 24, 2007 | C02040032 | Dana N. Frankfort | Disciplinary Decision | |
| Feb 12, 2007 | C02050006 | In the Matter of Department of Enforcement, Complainant vs. Respondent | Disciplinary Decision, Redacted Decision | |
| Jan 6, 1998 | C02950044 | Lori Sue Koppel-Heath | Disciplinary Decision |