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. Titlesort ascending Type
Mar 7, 2016 2008011762801r APPEALED: Mitchell H. Fillet Disciplinary Decision
Feb 25, 2010 2006003738501 Mission Securities Corporation and Craig M. Biddick Disciplinary Decision
Jan 4, 2017 2014041319201 Miguel Ortiz Disciplinary Decision
Oct 30, 1997 C8A930048 Miguel Angel Cruz Disciplinary Decision
Mar 3, 2011 2005000075703 Midas Securities, LLC, World Trade Financial Corporation, Jason Troy Adams, Frank Edward Brickell, Jay S. Lee, and Rodney Preston Michel Disciplinary Decision
May 17, 2018 2015044960501 Michael Todd Clements Disciplinary Decision
Jul 28, 1997 C9B950014 Michael R. Euripides Disciplinary Decision
May 20, 2014 2010021621201 Michael Pino Disciplinary Decision
Apr 21, 2005 C9B030045 Michael O'Hare Disciplinary Decision
May 6, 2011 2005003437102 Michael Lee Bullock Disciplinary Decision
Jun 4, 1998 C07970024 Michael L. Yancey Disciplinary Decision
Aug 25, 2009 2006005565401 Michael L. Vines Disciplinary Decision
Jul 13, 1998 CMS920091 Michael J. Markowski & Joseph F. Riccio Disciplinary Decision
Feb 5, 2001 C10970145 Michael Galasso, Jr., Gerard McMahon, John Montelbano, Dwayne Leverett, & Todd Nejaime Disciplinary Decision
May 11, 2007 C05020055 Michael F. Siegel Disciplinary Decision
Dec 4, 2007 C05020055 Michael F. Siegel Disciplinary Decision
Jun 4, 2001 C8A980097 Michael F. Flannigan & Protective Group Securities Corporation Disciplinary Decision
Aug 28, 1997 C02950053 Michael Edgar Goldstein, Jeffrey B. Goodman, Jason Scott Neu, William Reininger, & Joseph Patrick Hannan Disciplinary Decision
Jul 27, 2015 2011027993301 APPEALED: Michael Earl McCune Disciplinary Decision
Apr 6, 2016 SD-2010 Michael C. Furman with Citigroup Global Markets, Inc. Statutory Disqualification, Approvals
Jul 9, 1999 CMS960238 Michael B. Jawitz Disciplinary Decision
Apr 18, 2000 C3A980069 Michael A. Usher Disciplinary Decision
Jan 4, 2018 2010020954501 APPEALED: Meyers Associates, L.P. (n/k/a Windsor Street Capital, L.P.) and Bruce Meyers Disciplinary Decision
Dec 22, 2017 2013035533701 APPEALED: Meyers Associates, L.P. Disciplinary Decision
May 26, 2017 2011027666902 APPEALED: Merrimac Corporate Securities, Inc., and Robert G. Nash Disciplinary Decision