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 |
|---|---|---|---|
| April 21, 2005 | C9B030045 | Michael O'Hare | Disciplinary Decision |
| April 05, 2005 | C10020090 | Joseph Abbondante | Disciplinary Decision |
| February 24, 2005 | C3A030017 | Fox & Company Investments, Inc. and James W. Moldermaker | Disciplinary Decision |
| February 14, 2005 | CMS030006 | Castle Securities Corp. | Disciplinary Decision |
| February 10, 2005 | C07030055 | PAZ Securities, Inc. and Joseph Mizrachi | Disciplinary Decision |
| January 01, 2005 | SD05008 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 2005 | SD05004 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 2005 | SD05007 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 2005 | SD05001 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 2005 | SD05005 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 2005 | SD05009 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 2005 | SD05010 | In the Matter of X as a Limited Representative – Corporate Securities Representative | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 2005 | SD05003 | In the Matter of the Continued Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 2005 | SD05006 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| December 21, 2004 | C8B030012 | Mark F. Mizenko | Disciplinary Decision |
| December 20, 2004 | CMS000142 | Ko Securities, Inc. | Disciplinary Decision |
| December 09, 2004 | CMS020143 | Joseph A. Geraci, II | Disciplinary Decision |
| December 02, 2004 | C02020055 | VMR Capital Markets US | Disciplinary Decision |
| November 22, 2004 | CAF030008 | Frank Peter Quattrone | Disciplinary Decision |
| October 12, 2004 | SD04005 | In the Matter of the Continued Association of X | Redacted Decision, Statutory Disqualification, Denials |
| September 07, 2004 | C3B020015 | Davrey Financial Services, Inc. | Disciplinary Decision |
| August 20, 2004 | C10030003 | In the Matter of Department of Enforcement, Complainant vs. Respondent Firm | Disciplinary Decision, Redacted Decision |
| August 16, 2004 | CAF010021 | J. Alexander Securities, Inc. | Disciplinary Decision |
| August 16, 2004 | C01020025 | Brookes McIntosh Bendetsen | Disciplinary Decision |
| August 12, 2004 | C9B020032 | Rooney A. Sahai | Disciplinary Decision |