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 | |
|---|---|---|---|---|
| May 26, 2017 | 2011027666902 | APPEALED: Merrimac Corporate Securities, Inc., and Robert G. Nash | Disciplinary Decision | |
| Jun 16, 2017 | SD-2154 | James H. Dean with American Portfolios Financial Services, Inc. | Statutory Disqualification, Approvals | |
| Jul 20, 2017 | 2015044444801 | Glenn Robert King | Disciplinary Decision | |
| Jul 20, 2017 | 2012034936005 | David Joseph Escarcega | Disciplinary Decision | |
| Jul 20, 2017 | 2011025675501r | APPEALED: Kimberly Springsteen-Abbott | Disciplinary Decision | |
| Jul 24, 2017 | 20120320803-01 | Shiva Naby | Disciplinary Decision | |
| Jul 24, 2017 | 2012034719701 | APPEALED: Paul E. Taboada | Disciplinary Decision | |
| Jul 27, 2017 | SD-2130 | APPEALED: Robert J. Escobio | Statutory Disqualification, Denials | |
| Aug 3, 2017 | 2012030527503 | APPEALED: Thaddeus James North | Disciplinary Decision | |
| Oct 2, 2017 | SD-2129 | APPEALED: Bruce Zipper | Disciplinary Decision | |
| Oct 5, 2017 | 2013038986001 | APPEALED: Richard Allen Riemer, Jr. | Disciplinary Decision | |
| Nov 3, 2017 | SD-2160 | Louis Capital Markets, LP | Statutory Disqualification, Approvals | |
| Nov 28, 2017 | SD-2147 | Morgan Stanley Smith Barney | Statutory Disqualification, Approvals | |
| Dec 11, 2017 | SD-2144 | Goldman, Sachs & Co. | Statutory Disqualification, Approvals | |
| Dec 21, 2017 | 2011027007901 | Shashishekhar Doni | Disciplinary Decision | |
| Dec 22, 2017 | 2013035533701 | APPEALED: Meyers Associates, L.P. | Disciplinary Decision | |
| Jan 4, 2018 | 2010020954501 | APPEALED: Meyers Associates, L.P. (n/k/a Windsor Street Capital, L.P.) and Bruce Meyers | Disciplinary Decision | |
| Feb 22, 2018 | SD-2123 | Catherine Ann Sheridan | Statutory Disqualification, Approvals | |
| Mar 13, 2018 | SD-2137 | APPEALED: Gabriel Block | Statutory Disqualification, Denials | |
| Mar 19, 2018 | 2014040876001 | Kenneth J. Mathieson | Disciplinary Decision | |
| Mar 28, 2018 | 2011030293503 | Richard Gomez | Disciplinary Decision | |
| Apr 5, 2018 | David P. Brown | Statutory Disqualification, Approvals | ||
| May 14, 2018 | SD-2172 | APPEALED: Windsor Street Capital, L.P. (f/k/a Meyers Associates, L.P.) | Statutory Disqualification, Denials | |
| May 17, 2018 | 2015044960501 | Michael Todd Clements | Disciplinary Decision | |
| May 21, 2018 | 2014043001601 | Allen Holeman | Disciplinary Decision |