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 | |
|---|---|---|---|---|
| Oct 6, 2009 | 2006006705601 | John M. Saad | Disciplinary Decision | |
| Oct 2, 2009 | 20060049953-01 | Joseph Ricupero | Disciplinary Decision | |
| Aug 25, 2009 | 2006005565401 | Michael L. Vines | Disciplinary Decision | |
| Aug 21, 2009 | 2005001919501 | Jennifer Jordan | Disciplinary Decision | |
| Aug 7, 2009 | E102004083705 | Lisa Ann Tomiko Nouchi | Disciplinary Decision | |
| Jul 30, 2009 | E102004083704 | Marc Winters | Disciplinary Decision | |
| Jul 30, 2009 | E9B2003033701 | Keith Howard Medeck | Disciplinary Decision | |
| 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 | SD09004 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| 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 | n/a | In the Matter of Corporation K | OTCBB, Redacted Decision | |
| Jan 1, 2009 | SD09008 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals | |
| 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 | |
| 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 |