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 |
|---|---|---|---|
| March 28, 2018 | 2011030293503 | Richard Gomez | Disciplinary Decision |
| March 19, 2018 | 2014040876001 | Kenneth J. Mathieson | Disciplinary Decision |
| March 13, 2018 | SD-2137 | APPEALED: Gabriel Block | Statutory Disqualification, Denials |
| February 22, 2018 | SD-2123 | Catherine Ann Sheridan | Statutory Disqualification, Approvals |
| January 04, 2018 | 2010020954501 | APPEALED: Meyers Associates, L.P. (n/k/a Windsor Street Capital, L.P.) and Bruce Meyers | Disciplinary Decision |
| December 22, 2017 | 2013035533701 | APPEALED: Meyers Associates, L.P. | Disciplinary Decision |
| December 21, 2017 | 2011027007901 | Shashishekhar Doni | Disciplinary Decision |
| December 11, 2017 | SD-2144 | Goldman, Sachs & Co. | Statutory Disqualification, Approvals |
| December 06, 2017 | SD-2056 | Merrill Lynch, Pierce, Fenner & Smith Incorporated | Statutory Disqualification, Approvals |
| November 28, 2017 | SD-2147 | Morgan Stanley Smith Barney | Statutory Disqualification, Approvals |
| November 03, 2017 | SD-2160 | Louis Capital Markets, LP | Statutory Disqualification, Approvals |
| October 05, 2017 | 2013038986001 | APPEALED: Richard Allen Riemer, Jr. | Disciplinary Decision |
| October 02, 2017 | SD-2129 | APPEALED: Bruce Zipper | Disciplinary Decision |
| September 13, 2017 | SD-2078 | Alex J. Drost with Cascade Partners BD, LLC | Statutory Disqualification, Approvals |
| August 03, 2017 | 2012030527503 | APPEALED: Thaddeus James North | Disciplinary Decision |
| July 27, 2017 | SD-2130 | APPEALED: Robert J. Escobio | Statutory Disqualification, Denials |
| July 24, 2017 | 2012034719701 | APPEALED: Paul E. Taboada | Disciplinary Decision |
| July 24, 2017 | 20120320803-01 | Shiva Naby | Disciplinary Decision |
| July 20, 2017 | 2011025675501r | APPEALED: Kimberly Springsteen-Abbott | Disciplinary Decision |
| July 20, 2017 | 2015044444801 | Glenn Robert King | Disciplinary Decision |
| July 20, 2017 | 2012034936005 | David Joseph Escarcega | Disciplinary Decision |
| May 26, 2017 | 2011027666902 | APPEALED: Merrimac Corporate Securities, Inc., and Robert G. Nash | Disciplinary Decision |
| May 16, 2017 | SD-2103 | Marc N. Jaffe as a General Securities Representative with Integrity Brokerage Services, Inc. | Statutory Disqualification, Denials |
| May 12, 2017 | 2012034936101 | Jeffrey D. Noard | Disciplinary Decision |
| April 26, 2017 | SD-2063 | Macquarie Capital (USA) Inc. | Statutory Disqualification, Approvals |