Office of Hearing Officers

The Office of Hearing Officers is an office of impartial adjudicators of disciplinary cases brought by FINRA’s Department of Enforcement against FINRA members.

The Office of Hearing Officers maintains strict independence from FINRA's regulatory programs and is physically separated from other FINRA departments.

Hearing officers are not involved in the investigative process. Employment protections exist for hearing officers to further ensure their independence; they may not be terminated except by the FINRA Chief Executive Officer, with a right to appeal to the Audit Committee of FINRA's Board of Governors.

View:  Orders and Decisions Chronologically  |  Orders by Topic  |  Orders by Rule
Date of Decision Proceeding No. Titlesort descending Type Order No.
Dec 26, 1997 CAF970001 Order Regarding Motion to Strike Affirmative Defenses Disciplinary Order 97-18
Jul 28, 2011 2008012925001 Order Regarding Pending Motions and Pre-Hearing Issues Disciplinary Order 11-10
Aug 7, 2007 CAF040079 Order Regarding Post-Hearing Briefs Disciplinary Order 07-34
Jul 20, 1998 C10970141 Order Regarding Pre-Hearing Conference Disciplinary Order 98-25
Mar 27, 2007 2005000440701 Order Regarding Pre-Hearing Motions Disciplinary Order 07-12
Jun 27, 2007 E102003025201 Order Regarding Pre-Hearing Motions Disciplinary Order 07-26
Oct 4, 2001 CAF000045 Order Regarding Production of Documents Disciplinary Order 01-16
Feb 17, 1998 C9B970016 Order Regarding Production Under Rule 9251 Disciplinary Order 98-18
Aug 9, 2007 2005000323905 Order Regarding Respondent 2's Motions for Official Notice Disciplinary Order 07-35
Dec 29, 1997 CAF970002 Order Regarding Respondent Motion for an Extension of Time to Answer Disciplinary Order 97-19
Jul 18, 2000 C10000046 Order Regarding Respondent's Motion for Leave to File a Late Answer Disciplinary Order 00-17
Feb 1, 2007 E3A20050065 Order Regarding Respondent's Pre-Hearing Submissions Disciplinary Order 07-01
Mar 23, 2006 E102003130804 Order Regarding Respondent's Pre-Hearing Submissions Disciplinary Order 06-27
Mar 26, 2000 CAF980002 Order Regarding Respondents' Motion to Preclude Designation of Transcripts; Respondents' Motion for a Protective Order; and Enforcement's Motion for Post-Hearing Submissions in Excess of Twenty-Five Pages Disciplinary Order 00-07
Feb 24, 2005 C3A040023 Order Regarding Respondents' Pre-Hearing Submissions Disciplinary Order 05-03
Apr 11, 2017 2014042524301 Order Regarding Respondent’s Interrogatories, Requests for Production of Documents, and Requests for Admissions Disciplinary Order 17-10
Jun 1, 2011 2010021196801 Order Regarding Respondent’s Motion to Stay Disciplinary Order 11-07
Oct 31, 2016 2014042524301 Order Regarding Respondent’s Motions to Stay Case Management and Scheduling Order and to Strike and/or For a More Definite Statement. Disciplinary Order 16-28
Feb 5, 1998 CAF970002 Order Regarding Severance Disciplinary Order 98-17
Oct 29, 2003 CAF030008 Order Regarding the Department's Motions in Limine Disciplinary Order 03-22
Mar 28, 2007 CAF040079 Order Regarding Witnesses Disciplinary Order 07-13
Apr 30, 2003 C3B020015 Order Rejecting Contested Offer of Settlement Disciplinary Order 03-12
Mar 1, 2000 C05990026 Order Rejecting Contested Offer of Settlement Disciplinary Order 00-04
Oct 12, 2004 CAF040056 Order Rejecting Filing Disciplinary Order 04-27
Aug 15, 2016 2013038986001 Order Rejecting Offer of Settlement Disciplinary Order 16-21