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 | |
|---|---|---|---|---|
| Jul 28, 2009 | 2005000127502 | Steven Richard Jaloza, Neal Anthony Impellizeri and Michael Raymond Gimeli | Disciplinary Decision | |
| Jul 23, 2009 | C07050042 | Wanda P. Sears | Disciplinary Decision | |
| Apr 6, 2009 | ELI2004026701 | Iftikhar Ul Haq | Disciplinary Decision | |
| Feb 25, 2009 | EAF0400300001 | Kirlin Securities, Inc., Anthony J. Kirincic, David O. Lindner and Andrew J. Israel | Disciplinary Decision | |
| Feb 24, 2009 | E9A2002010501 | Kevin M. Glodek | Disciplinary Decision | |
| Jan 1, 2009 | SD09007 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials | |
| Jan 1, 2009 | SD09001 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| Jan 1, 2009 | SD09004 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| Jan 1, 2009 | n/a | In the Matter of Corporation K | OTCBB, Redacted Decision | |
| Jan 1, 2009 | SD09003 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials | |
| Jan 1, 2009 | SD09006 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| Jan 1, 2009 | SD09005 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| Jan 1, 2009 | SD09002 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials | |
| Jan 1, 2009 | SD09008 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| Dec 16, 2008 | E9A2004048801 | Brian J. Kelly | Disciplinary Decision | |
| Dec 12, 2008 | C10040052 | Scott Mathis | Disciplinary Decision | |
| Dec 10, 2008 | E8A2005014902 | North Woodward Financial Corp. and Douglas A. Troszak | Disciplinary Decision | |
| Oct 9, 2008 | CMS030182 | Richard F. Kresge | Disciplinary Decision | |
| Oct 6, 2008 | 2005001305701 | Harvest Capital Investments, LLC and Dennis Cotto | Disciplinary Decision | |
| Oct 2, 2008 | 2005001819101 | Domestic Securities Inc. | Disciplinary Decision | |
| Sep 23, 2008 | CMS040202 | Marshall J. Field | Disciplinary Decision | |
| Aug 26, 2008 | CAF040058 | Andrew Gonchar and Polyvios Polyviou | Disciplinary Decision | |
| Aug 20, 2008 | E8A2002109804 | Joseph A. Zaragoza | Disciplinary Decision | |
| Aug 15, 2008 | E1020040926-01 | America First Associates Corp. and Joseph Ricupero | Disciplinary Decision | |
| Aug 13, 2008 | E8A2003091501 | Roy M. Strong | Disciplinary Decision |