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 31, 2014 | SD-1794 | RBC Capital Markets, LLC | Statutory Disqualification |
| January 16, 2014 | SD-1750 | Joseph Popp | Statutory Disqualification |
| December 31, 2013 | 2009016764901 | Robert Durant Tucker | Disciplinary Decision |
| December 31, 2013 | 2009018771602 | Robert H. Watkins | Disciplinary Decision |
| December 26, 2013 | 20070082049 | Robert Marcus Lane and Jeffrey G. Lane | Disciplinary Decision |
| December 17, 2013 | 2006005259801 | John Joseph Plunkett | Disciplinary Decision |
| December 17, 2013 | 2008016437801 | Hugh Vincent Murray III | Disciplinary Decision |
| October 02, 2013 | 2008011762801 | Mitchell H. Fillet | Disciplinary Decision |
| October 01, 2013 | 2007010902501 | Jeffrey B. Pierce | Disciplinary Decision |
| July 25, 2013 | 20060053785-02 | Robert N. Drake | Disciplinary Decision |
| April 26, 2013 | 2008015934801 | Alan Jay Davidofsky | Disciplinary Decision |
| April 24, 2013 | 2009019369302 | Jeff Ng | Disciplinary Decision |
| February 26, 2013 | 2007010158001 | CapWest Securities, Inc.: Appealed | Disciplinary Decision |
| February 22, 2013 | 2006005318801 | Kent M. Houston | Disciplinary Decision |
| February 15, 2013 | 2008014621701 | Thomas Weisel Partners, LLC and Stephen H. Brinck, Jr. | Disciplinary Decision |
| February 15, 2013 | 2007010580702 | Dennis Thomas Palmeri, Jr. | Disciplinary Decision |
| February 04, 2013 | 2009017439601 | Timothy Joseph Golonka | Disciplinary Decision |
| January 01, 2013 | SD13003 | In the Matter of the Association of X as a Corporate Securities Limited Representative with The Sponsoring Firm | Statutory Disqualification, Approvals |
| January 01, 2013 | SD13001 | In the Matter of the Continued Membership of Firm X with FINRA | Statutory Disqualification, Approvals |
| January 01, 2013 | SD13004 | In the Matter of the Continued Membership of Firm X with FINRA | Statutory Disqualification, Approvals |
| January 01, 2013 | SD13002 | In the Matter of the Association of X as a General Securities Representative with The Sponsoring Firm | Statutory Disqualification, Denials |
| January 01, 2013 | SD13005 | In the Matter of the Continued Membership of Firm X with FINRA | Statutory Disqualification, Approvals |
| December 18, 2012 | 2009018068701 | Harry W. Hunt | Disciplinary Decision |
| December 12, 2012 | 2008011701203 | Daniel James Gallagher | Disciplinary Decision |
| December 10, 2012 | 2010023719601 | Chad A. McCartney | Disciplinary Decision |