Office of Hearing Officers

The Office of Hearing Officers is an office of impartial adjudicators of disciplinary cases brought by FINRA's Enforcement Department or Market Regulation Department 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 Decisionsort ascending Proceeding No. Title Type Order No.
Aug 5, 2016 ARB160012 Fairbridge Capital Markets Expedited Decision
Aug 4, 2016 FPI160002 Robert DePalo Expedited Decision
Aug 2, 2016 FPI160006 Dawn Bennett Expedited Decision
Jul 28, 2016 2013035817701 Protective Order Governing Personal Confidential Information Disciplinary Order 16-19
Jul 28, 2016 20120342425-01 Order Concerning Parties’ Motion for Leave to Present Expert Testimony Disciplinary Order 16-20
Jul 25, 2016 FR160001 Merriman Capital Inc. Expedited Decision
Jul 11, 2016 FPI160004 Fairbridge Capital Markets Expedited Decision
Jun 28, 2016 2013038418201 Joseph N. Barnes, Sr. Disciplinary Decision
Jun 10, 2016 2011030293503 APPEALED: Richard Gomez Disciplinary Decision
Jun 3, 2016 2013035211801 APPEALED: David A. Elgart Disciplinary Decision
Jun 3, 2016 2012030731802 APPEALED: William H. Murphy & Co., Inc. and William H. Murphy Disciplinary Decision
May 24, 2016 2014043020901 Order Ruling on Witness Objections Disciplinary Order 16-18
May 20, 2016 2013038333001 Order Denying Respondent’s Motion for Request for Documents and Information Disciplinary Order 16-17
May 2, 2016 2014040968501 APPEALED: Ahmed Gadelkareem Disciplinary Decision
Apr 27, 2016 2010020954501 APPEALED: Meyers Associates, L.P., Bruce Meyers, and Imtiaz A. Khan Disciplinary Decision
Apr 18, 2016 2011027007901 APPEALED: Shashishekhar Doni Disciplinary Decision
Apr 4, 2016 20120320803-01 APPEALED: Peter J. Auzers and Shiva Naby Disciplinary Decision
Mar 30, 2016 2013036681701 Order Granting Enforcement’s Motion for Leave to Withhold Documents From Discovery. Disciplinary Order 16-15
Mar 25, 2016 2015044379701 Order Denying Rule 9252 Request Disciplinary Order 16-14
Mar 23, 2016 2010024522103 APPEALED: Brett Ian Friedberg Disciplinary Decision
Mar 18, 2016 2012034719701 APPEALED: Paul E. Taboada Disciplinary Decision
Mar 11, 2016 2013038418201 Order Denying Respondent’s Motion to Compel Member Firm to Produce Additional Documents. Disciplinary Order 16-12
Mar 10, 2016 2012031496501 Order Denying Respondents’ Motion for Partial Summary Disposition. Disciplinary Order 16-11
Mar 4, 2016 2014040501801 Order Denying Respondents’ Motion for Summary Disposition Disciplinary Order 16-09
Mar 4, 2016 2013036836801 Order Denying Respondent’s Rule 9252 Request Disciplinary Order 16-10