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 23, 2016 | 2011025675501 | APPEALED: Kimberly Springsteen-Abbott | Disciplinary Decision | |
| Aug 3, 2016 | 2011025851501 | APPEALED: KCD Financial, Inc. | Disciplinary Decision | |
| Jul 21, 2016 | 2010022601501 | Jack Brian Weinstock | Disciplinary Decision | |
| Jul 20, 2016 | 2009020465801 | APPEALED: Keith D. Geary | Disciplinary Decision | |
| Jul 20, 2016 | SD-2044 | Xavier Capdepon | Statutory Disqualification, Denials | |
| Jul 19, 2016 | 2011028502101 | North Woodward Financial Corp. and Douglas A. Troszak | Disciplinary Decision | |
| Jul 18, 2016 | 2012034389202 | APPEALED: Bernard G. McGee | Disciplinary Decision | |
| Jul 18, 2016 | 2012033351801 | Paolo Franca Iida | Disciplinary Decision | |
| Jul 15, 2016 | SD-2096 | Louis A. Woolf with Voya Financial Advisors, Inc. | Statutory Disqualification, Approvals | |
| Jun 17, 2016 | SD-2026 | RBS Securities, Inc. | Statutory Disqualification | |
| Jun 8, 2016 | SD-2088 | James D. Goodland with Spire Securities LLC | Statutory Disqualification, Approvals | |
| May 20, 2016 | SD-2027 | APPEALED: Christopher Cota with Capital Financial Services, Inc. | Statutory Disqualification, Denials | |
| May 16, 2016 | 2010022977801 | APPEALED: David B. Tysk | Disciplinary Decision | |
| May 9, 2016 | SD-2069 | APPEALED: Bruce Meyers with Meyers Associates, L.P. | Statutory Disqualification, Denials | |
| Apr 6, 2016 | SD-2010 | Michael C. Furman with Citigroup Global Markets, Inc. | Statutory Disqualification, Approvals | |
| Mar 7, 2016 | 2008011762801r | APPEALED: Mitchell H. Fillet | Disciplinary Decision | |
| Feb 18, 2016 | FPI150009 | Gary James Lundgren | Expedited Decision, Non-Summary Proceeding | |
| Dec 29, 2015 | 2011029619301 | APPEALED: Kenny Akindemowo | Disciplinary Decision | |
| Dec 22, 2015 | 2010025350001 | Roric E. Griffith | Disciplinary Decision | |
| Dec 17, 2015 | 20110273503 | Richard A. McGuire | Disciplinary Decision | |
| Dec 17, 2015 | 2010025181001 | APPEALED: John Vincent Ballard | Disciplinary Decision | |
| Dec 17, 2015 | 2010024889501 | William B. Fretz, Jr, John P. Freeman and The Keystone Equities Group, LP | Disciplinary Decision | |
| Oct 5, 2015 | 2009017899801 | APPEALED: Rani T. Jarkas | Disciplinary Decision | |
| Sep 29, 2015 | SD-2029 | Bret M. Shapiro with Dawson James Securities, Inc. | Statutory Disqualification, Denials | |
| Sep 25, 2015 | 2012034211301 | APPEALED: Fuad Ahmed | Disciplinary Decision |