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.sort descending Title Type
Oct 2, 2014 20130379350 APPEALED: Bering Strait Securities, Inc. Membership Decision
Oct 5, 2017 2013038986001 APPEALED: Richard Allen Riemer, Jr. Disciplinary Decision
May 23, 2019 2014039285401 Southeast Investments, N.C., Inc. and Frank Harmon Black Disciplinary Decision
Mar 5, 2019 2014039839101 Jim Jinkook Seol Disciplinary Decision
Mar 19, 2018 2014040876001 Kenneth J. Mathieson Disciplinary Decision
Mar 23, 2017 2014040968501 APPEALED: Ahmed Gadelkareem Disciplinary Decision
Jan 4, 2017 2014041319201 Miguel Ortiz Disciplinary Decision
Jul 20, 2018 2014041724601 APPEALED: Scottsdale Capital Advisors Corporation, John Joseph Hurry, Timothy Brian DiBlasi, and Darrel Michael Cruz Disciplinary Decision
Oct 2, 2018 2014042291901 APPEALED: Gopi Krishna Vungarala Disciplinary Decision
May 21, 2018 2014043001601 Allen Holeman Disciplinary Decision
Jul 20, 2017 2015044444801 Glenn Robert King Disciplinary Decision
Jan 29, 2019 2015044823501, 2015044823502 APPEALED: Craig Scott Taddonio, Brent Morgan Porges, Edward Beyn Disciplinary Decision
May 17, 2018 2015044960501 Michael Todd Clements Disciplinary Decision
Jan 8, 2019 2015046759201 Todd B. Wyche Disciplinary Decision
May 15, 2019 2015048362402 John Anthony Vedovino Disciplinary Decision
Mar 18, 2019 2016047565702 APPEALED: Dakota Securities & Bruce Zipper Disciplinary Decision
May 15, 2019 2016052347901 Austin Wayne Morton Disciplinary Decision
Aug 10, 2006 A8A050063 Homeland Securities Financial Services Group, Inc. Membership Decision
Sep 9, 2003 C01000003 U.S. Rica Financial, Inc. and Vinh Huu Nguyen Disciplinary Decision
Nov 27, 2002 C01000037 Pacific On-Line Trading & Securities, Inc., & Timothy Alan McAdams Disciplinary Decision
Dec 3, 2003 C01010009 Chris Dinh Hartley Disciplinary Decision
May 11, 2004 C01020014 Paul Joseph Benz Disciplinary Decision
Aug 16, 2004 C01020025 Brookes McIntosh Bendetsen Disciplinary Decision
Aug 9, 2004 C01020025 Brookes McIntosh Bendetsen Disciplinary Decision
Sep 6, 2005 C01040001 Department of Enforcement, Complainant, vs. Respondent Firm and Respondent Disciplinary Decision, Redacted Decision

Pages