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 |
|---|---|---|---|
| August 28, 1997 | C02950053 | Michael Edgar Goldstein, Jeffrey B. Goodman, Jason Scott Neu, William Reininger, & Joseph Patrick Hannan | Disciplinary Decision |
| August 28, 1997 | C05950018 | In the Matter of District Business Conduct Committee For District No. 5 Complainant, v. Respondent 1 | Disciplinary Decision, Redacted Decision |
| August 28, 1997 | C01950021 | In the Matter of District Business Conduct Committee for District No. 1, Complainant, vs. Respondent 1 and Respondent 2 | Disciplinary Decision, Redacted Decision |
| August 28, 1997 | C05950018 | John M.W. Crute, Jr. | Disciplinary Decision |
| August 22, 1997 | C8A960074 | In the Matter of District Business Conduct Committee For District No. 8 Complainant, vs. Respondent 1 | Disciplinary Decision, Redacted Decision |
| August 22, 1997 | CMS920002 | Warren R. Schreiber & Marian S. Gargano | Disciplinary Decision |
| August 12, 1997 | CMS950129 | Vladislav Steven Zubkis | Disciplinary Decision |
| August 11, 1997 | C01960005 | Clyde Joseph Bruff | Disciplinary Decision |
| August 05, 1997 | C9A960002 | Shamrock Partners, Ltd. & James T. Kelly | Disciplinary Decision |
| August 05, 1997 | C10950101 | Forbes, Walsh, Kelly & Co., Inc., & Robert E. Kelly | Disciplinary Decision |
| August 05, 1997 | C10950101 | In the Matter of District Business Conduct Committee For District No. 10 Complainant, v. Respondent Firm 1 and Respondent 2 | Disciplinary Decision, Redacted Decision |
| July 28, 1997 | C9B950014 | Michael R. Euripides | Disciplinary Decision |
| July 25, 1997 | C3B940028 | Investment Management & Research, Inc., Milton Anthony Greene, Kenneth Craig Krull, & Michael John DiGirolamo | Disciplinary Decision |
| July 03, 1997 | C10930044 | Leonard John Ialeggio | Disciplinary Decision |
| June 05, 1997 | CMS950087 | Kevin Eric Shaughnessy | Disciplinary Decision |
| January 01, 1997 | SD97004 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1997 | SD97008 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1997 | SD97002 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 1997 | SD97009 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 1997 | SD97005 | In the Matter of the Continued Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1997 | SD97010 | In the Matter of the Continued Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1997 | SD97003 | In the Matter of the Continued Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 1997 | SD97007 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Approvals |
| January 01, 1997 | SD97001 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |
| January 01, 1997 | SD97006 | In the Matter of the Association of X | Redacted Decision, Statutory Disqualification, Denials |