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 |
|---|---|---|---|
| January 01, 1999 | SD99016 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99020 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99025 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99018 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 1999 | SD99002 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99005 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99008 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99014 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99017 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99022 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1999 | SD99011 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 1999 | SD99023 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| December 22, 1998 | C10960149 | Andrew Fensmark Harris | Disciplinary Decision |
| November 18, 1998 | C01960020 | Daniel Wright Sisson | Disciplinary Decision |
| November 13, 1998 | C02960024 | James Basil Peters | Disciplinary Decision |
| November 11, 1998 | C8A960094 | Norman M. Merz | Disciplinary Decision |
| November 03, 1998 | C05930020 | Donald R. Gates | Disciplinary Decision |
| October 22, 1998 | C9A960029 | Pamela A. Hartsock | Disciplinary Decision |
| October 22, 1998 | C9A960029 | In the Matter of District Business Conduct Committee For District No. 9, Complainant, vs. Respondent 1 | Disciplinary Decision, Redacted Decision |
| October 22, 1998 | C8A970040 | Herbert L. Davis, Jr. | Disciplinary Decision |
| October 22, 1998 | C07960105 | Wayne B. Vaughan | Disciplinary Decision |
| October 22, 1998 | C8A960081 | In the Matter of District Business Conduct Committee For District No. 8, Complainant, vs. Respondent Firm 1 and Respondent 2 | Disciplinary Decision, Redacted Decision |
| October 15, 1998 | C07970006 | Joseph G. Chiulli | Disciplinary Decision |
| October 14, 1998 | CMS920005 | John Roger Faherty & Nianne A. Norris | Disciplinary Decision |
| October 13, 1998 | C8A960052 | In the Matter of District Business Conduct Committee For District No. 8, Complainant, vs. Respondent 1 and Respondent 2 | Disciplinary Decision, Redacted Decision |