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
Sep 8, 2008 2006005523401 Order Granting Enforcement's Motion to Permit Counsel for Non-Party Witnesses to Appear at Hearing Disciplinary Order 08-13
Jul 29, 2009 ARB090054 Order Dismissing Proceeding for Failure to State a Defense Disciplinary Order 09-01
Oct 14, 2009 2007009461301 Order Denying Respondent's Motion to Compel Production of Witness Statements Disciplinary Order 09-02
Nov 11, 2009 2007007255603 Order Following Final Pre-Hearing Conference and Granting, in Part, Enforcement's Motion to Preclude Testimony and Exhibits Disciplinary Order 09-03
Nov 24, 2009 2006006259501 Order Denying Respondent's Motion to Compel Production of List of Withheld Documents Disciplinary Order 09-04
Dec 16, 2009 2008012955301 Order Denying Motion for More Definite Statement Disciplinary Order 09-05
Apr 8, 2010 200500224102 Order Limiting the Dissemination of Personal, Confidential Information Disciplinary Order 10-01
Apr 30, 2010 2008013503101 Order Denying Respondent's Motions for Leave to Seek and Retain Counsel and to Adjourn and Retain Counsel Disciplinary Order 10-02
May 28, 2010 200011592201 Order Denying Respondents' Motion for Leave to Offer Expert Testimony Disciplinary Order 10-03
Jul 12, 2010 2008014621701 Order Granting Respondent 2's Motion to File a Reply and Denying Respondent 2's Motion for More Definite Statement Disciplinary Order 10-04
Feb 25, 2010 20080121376 Order Denying Motion to Dismiss Disciplinary Order 10-05
Oct 8, 2010 2008014621701 Order Denying Respondents' Motion to Compel Production of Documents and List of Withheld Documents Disciplinary Order 10-06
Dec 6, 2010 20050007427 Respondent Firm and Respondent 2 Disciplinary Order 10-07
Jan 28, 2011 2008014621701 Order Granting Enforcement’s Motion to Permit Certain Witnesses to Have Counsel Present Disciplinary Order 11-01
Feb 8, 2011 2006007105101 Order Denying Respondent’s Motion for Summary Disposition Disciplinary Order 11-02
Mar 18, 2011 2007011413501 Order Denying the Respondents’ Motion to Compel Production of Documents; for Production of a List of Withheld Documents; and to Extend Deadlines and Hearing Dates Disciplinary Order 11-03
Mar 24, 2011 2009017798201 Order Denying Respondent’s Motion for Leave to Offer Expert Testimony Disciplinary Order 11-04
May 16, 2011 2007011413501 Order Denying Respondents’ Motion to Exclude Certain Portions of the Expert Report of HGF and to Preclude His Expert Testimony on the Issue of Suitability Disciplinary Order 11-05
May 18, 2011 2007010580702 Order Granting Enforcement’s Motion Concerning the Testimony of MO, MB, and JF, and Denying the Respondent’s Motion to Exclude Their Testimony Disciplinary Order 11-06
Jun 1, 2011 2010021196801 Order Regarding Respondent’s Motion to Stay Disciplinary Order 11-07
Sep 7, 2011 2009017798201 Order Denying Respondent’s Motion for Stay of Hearing Disciplinary Order 11-08
Sep 22, 2011 20090192254 Memorandum Opinion and Order Denying Respondent’s Motion to Set Aside Default Decision Disciplinary Order 11-09
Jul 28, 2011 2008012925001 Order Regarding Pending Motions and Pre-Hearing Issues Disciplinary Order 11-10
Jun 8, 2011 2007010398802 Order on Enforcement’s Objections to Respondent’s Proposed Exhibit List and Motion In Limine in Part Disciplinary Order 11-11
Mar 14, 2012 2009018771602 Order Denying Respondent’s Motion to Present Expert Witness Disciplinary Order 12-01

Pages