Office of Hearing Officers’ Decisions and Orders

The Office of Hearing Officers is an office of impartial adjudicators of disciplinary cases brought by FINRA’s Department of Enforcement against FINRA members.

The Office of Hearing Officers maintains strict independence from FINRA's regulatory programs and is physically separated from other FINRA departments.

Hearing officers are not involved in the investigative process. Employment protections exist for hearing officers to further ensure their independence; they may not be terminated except by the FINRA Chief Executive Officer, with a right to appeal to the Audit Committee of FINRA's Board of Governors.

View:  Orders and Decisions Chronologically  |  Orders by Topic  |  Orders by Rule
Media: field_core_official_dt (year)
Date of Decision Proceeding No. Title Type Order No.
November 13, 2020 2018058924502 Order Granting Motion for Postponement Disciplinary Order 20-20
October 30, 2020 2015047244701 Order on Behalf of Hearing Panel Accepting Offer of Settlement and Proposed Order of Acceptance Pursuant to FINRA Rule 9270(e) Disciplinary Order 20-19
October 19, 2020 2015047244701 Order Requiring Enforcement to Transmit to Hearing Panel Any Offer of Settlement and Proposed Order of Acceptance Pursuant to FINRA Rule 9270(e) Disciplinary Order 20-18
October 15, 2020 2019063626702 Yousuf Saljooki Disciplinary Decision - Default
September 25, 2020 2018058117101 Julian J. Piekarczyk Disciplinary Decision - Default
September 15, 2020 ARB200002 Michael Joseph Shimko, Jr. Expedited Decision
September 04, 2020 2016048837401 Order (1) Granting Request for Postponement and (2) Denying Request for Change of Hearing Location Disciplinary Order 20-17
August 25, 2020 2016049414401 Order Directing Respondent To File Answer Compliant With FINRA Rule 9215 Disciplinary Order 20-13
August 19, 2020 2018058924502 Order Denying Respondent's Cross-Motion to Strike Disciplinary Order 20-12
August 17, 2020 FPI200001 Roderick Kenneth Day Expedited Decision
August 17, 2020 2018057755201 Order Granting Respondent’s Rule 9252 Motion Disciplinary Order 20-11
August 14, 2020 2018058924502 Order Granting in Part and Denying in Part Enforcement’s Motion to Strike Affirmative Defenses and Request for Relief Disciplinary Order 20-16
August 12, 2020 2019063790901 Order Denying Respondent’s Motion for Return of His Computer, Motion in Limine to Preclude and/or to Place Conditions on the Testimony of Customer A, and Motion Related to Discovery Issues Disciplinary Order 20-15
August 05, 2020 2017055164001 Order Denying Respondent’s Motions In Limine Disciplinary Order 20-10
July 31, 2020 2018058924502 Order Denying Motion for Summary Disposition Disciplinary Order 20-14
July 24, 2020 2019062092401 Steven Harris Disciplinary Decision - Default
July 15, 2020 ARB200024 Order Granting Department of Enforcement’s Motion To Strike Respondent’s Defense And Request for Hearing Expedited Order EXP20-01
July 02, 2020 2016048837401 Order Granting In Part And Denying In Part Respondent’s Motion In Limine Regarding Expert Testimony Disciplinary Order 20-09
July 01, 2020 2018058286901 APPEALED: Wilfredo Felix and Primex Prime Electronic Execution, Inc. d/b/a Primex Disciplinary Decision
June 30, 2020 ARB200006 Daniel Paul Motherway Expedited Decision
June 18, 2020 2014041541401 Order Requiring Certification of Compliance With FINRA Rule 9910 Disciplinary Order 20-08
June 05, 2020 2016052104101 APPEALED: Devin Lamarr Wicker Disciplinary Decision
June 01, 2020 2017055164001 Order Denying Respondent’s Motion For Production Of Witness Statements Under Rule 9253 Disciplinary Order 20-07
May 28, 2020 2019064884501 Gustavo T. Franco Disciplinary Decision - Default
May 27, 2020 2017053462401 Order Denying Respondent’s Motion To Amend Answer Disciplinary Order 20-06