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 | |
|---|---|---|---|---|
| Jul 26, 2007 | C07050029 | Anthony Cipriano | Disciplinary Decision | |
| Aug 8, 2003 | C02010041 | Anthony H. Barkate | Disciplinary Decision | |
| May 18, 2005 | CMS030269 | Anthony John Orlando, Jr. and Philip Anthony Orlando | Disciplinary Decision | |
| May 23, 2018 | 2012034393801 | Aon Miller | Disciplinary Decision | |
| Aug 7, 2008 | CMS040165 | Ara Proudian | Disciplinary Decision | |
| Jul 28, 2006 | CAF030067 | Asensio Brokerage Services, Inc. n/k/a Integral Securities, Inc., and Manuel Peter Asensio | Disciplinary Decision | |
| Nov 5, 1997 | C01950010 | Ashton N. Gowadia | Disciplinary Decision | |
| Sep 19, 1997 | C3A940064 | Aspen Capital Group, Inc., & Stephen Carlson | Disciplinary Decision | |
| Nov 17, 2000 | C10990024 | Averell Golub | Disciplinary Decision | |
| May 19, 2006 | C01040019 | Beerbaum & Beerbaum Financial and Insurance Services, Inc., and Hans N. Beerbaum | Disciplinary Decision | |
| Oct 2, 2014 | 20130379350 | APPEALED: Bering Strait Securities, Inc. | Membership Decision | |
| Jul 18, 2016 | 2012034389202 | APPEALED: Bernard G. McGee | Disciplinary Decision | |
| Apr 10, 2000 | C01990002 | Bernard San Juan Rondez | Disciplinary Decision | |
| Feb 20, 2014 | 2009018076101 | Blair Alexander West | Disciplinary Decision | |
| Jul 18, 2014 | 2009019837302 | APPEALED: Blair C. Mielke and Frederick W. Shultz | Disciplinary Decision | |
| Dec 15, 2003 | C8A020014 | Brad A. Roethlisberger | Disciplinary Decision | |
| Dec 14, 1999 | C04990005 | Bradford Lee Brinton | Disciplinary Decision | |
| Sep 29, 2015 | SD-2029 | Bret M. Shapiro with Dawson James Securities, Inc. | Statutory Disqualification, Denials | |
| Aug 11, 2003 | FPI020002 | Bret Steinhart | Disciplinary Decision | |
| Jan 13, 1999 | C9B960032 | Brian D. Angiuli | Disciplinary Decision | |
| Dec 16, 2008 | E9A2004048801 | Brian J. Kelly | Disciplinary Decision | |
| Nov 20, 1997 | C9A960030 | Brian L. Shegon | Disciplinary Decision | |
| Jul 8, 1999 | C3A960033 | Brian Prendergast | Disciplinary Decision | |
| Aug 9, 2004 | C01020025 | Brookes McIntosh Bendetsen | Disciplinary Decision | |
| Aug 16, 2004 | C01020025 | Brookes McIntosh Bendetsen | Disciplinary Decision |