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 Decisionsort ascending Proceeding No. Title Type
Jan 23, 2001 C02990042,C02980085 Robert Tretiak Disciplinary Decision
Jan 1, 2001 SD01021 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01022 In the Matter of the Continued Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01010 In the Matter of the Continued Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01014 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD010007 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Denials
Jan 1, 2001 SD01016 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Denials
Jan 1, 2001 SD01018 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Denials
Jan 1, 2001 SD01011 View Decision Approvals, Statutory Disqualification, Redacted Decision
Jan 1, 2001 SD01005 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Denials
Jan 1, 2001 SD01012 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD010004 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Denials
Jan 1, 2001 SD01013 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01019 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01024 In the Matter of the Continued Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01025 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01017 In the Matter of the Continued Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01001 In the Matter of the Continued Association of X Redacted Decision, Statutory Disqualification, Denials
Jan 1, 2001 SD01023 In the Matter of the Continued Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01002 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Jan 1, 2001 SD01020 In the Matter of the Association of X Redacted Decision, Statutory Disqualification, Approvals
Dec 18, 2000 C10990014 Stephen Earl Prout Disciplinary Decision
Nov 17, 2000 C10990024 Averell Golub Disciplinary Decision
Nov 16, 2000 C11970032 Daniel Richard Howard Disciplinary Decision
Nov 16, 2000 C3A990050 Jim Newcomb Disciplinary Decision

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