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. Title Type Order No.sort descending
Apr 25, 2006 CLG050021 Order Following Final Pre-Hearing Conference and Ruling on Motions in Limine Disciplinary Order 06-32
Aug 18, 2006 E0220030845-01 Order Postponing Hearing Disciplinary Order 06-33
Sep 1, 2006 E0220030845-01 Order Requiring Counsel to File Notice Pursuant to Rule 9142 Disciplinary Order 06-34
Sep 14, 2006 E072004006101 and 2005002392101 Order Denying Respondent Firm's Motions to Consolidate Disciplinary Order 06-35
Sep 8, 2006 CAF040079 Order Denying Respondent's Request for Leave to File Motion in Limine Disciplinary Order 06-36
Sep 13, 2006 E102003025201 Order Granting Motion to Adjourn Proceeding and Setting Pre-Hearing Conference Disciplinary Order 06-37
Sep 15, 2006 EAF0400300001 Order Granting Parties Leave to Offer Expert Testimony and Amending Schedule for Hearing Disciplinary Order 06-38
Sep 15, 2006 ARB060023 Order Overruling Objection to Telephonic Hearing Disciplinary Order 06-39
Sep 20, 2006 ARB060029 Order Clarifying Agenda for Pre-Hearing Conference Disciplinary Order 06-40
Sep 28, 2006 ARB060022 Order Deeming Defense as Abandoned, Hearing as Waived, and NASD Suspension Notice as Final Disciplinary Order 06-41
Sep 28, 2006 E8A2003091501 Order Granting Motion for to Permit Certain Witnesses to Have Counsel Present Disciplinary Order 06-42
Oct 3, 2006 EAF0400300001 Order Directing Respondents to File Exhibits and Witness List in Compliance With Pre-Hearing Order, and Extending Related Deadlines Disciplinary Order 06-43
Oct 4, 2006 ARB060029 Order Dismissing Defense and Granting Respondents Leave to File a Motion for Leave to Amend Their Request for Hearing Disciplinary Order 06-44
Oct 9, 2006 20042000056-01 Order Deferring Ruling on Motion for Summary Disposition Disciplinary Order 06-45
Oct 10, 2006 EAF0400300001 Order Directing the Parties to Cease Sending Non-Compliant Communications to the Office of Hearing Officers Disciplinary Order 06-46
Oct 11, 2006 EAF0400300001 Order Denying Respondents' Rule 9252 Motion for the Production of Data, Documents and Testimony Disciplinary Order 06-47
Oct 20, 2006 2005000127502 Order Denying Complainant's Motion for Partial Summary Disposition Disciplinary Order 06-48
Oct 23, 2006 EAF0300770001 Order Permitting Expert Testimony Disciplinary Order 06-49
Oct 31, 2006 2005000127502 Order Following Final Pre-Hearing Conference Modifying Order Precluding Respondents from Introducing Evidence at the Hearing and Dismissing the Third Cause of Complaint Disciplinary Order 06-50
Nov 1, 2006 EAF0400300001 Order Regarding Hearing Procedures Disciplinary Order 06-51
Nov 7, 2006 E1020040926-01 Order Precluding the Respondents from Presenting Witnesses at the Hearing, Other Than Respondent 2 Disciplinary Order 06-52
Nov 9, 2006 EAF0300770001 Order For Sequestration of Witnesses Disciplinary Order 06-53
Nov 9, 2006 2005000316701 Order Denying Respondents' Request That the Deputy Chief Hearing Officer Not Exercise Authority Pursuant to Rule 9235(b) Disciplinary Order 06-54
Nov 16, 2006 2005000316701 Order (1) Granting Complainant's Motion in Limine; (2) Denying Complainant's Motion to Sequester Witnesses, Without Prejudice; (3) Denying Respondents' Motions to Dismiss; (4) Denying Respondents' Motion to Strike; (5) Granting, in Part, Respondents' Motion To Preclude; (6) Denying, in Part, and Deferring, in Part, Respondents' Motion For Leave to Present Expert Testimony and (7) Denying Respondents' Motion for Leave to File a Compilation of Motions, Briefs and Rulings Disciplinary Order 06-55
Sep 14, 2006 DFC060004 Order Setting a Pre-Hearing Conference Disciplinary Order 06-56