Office of Hearing Officers’ Decisions and Orders

The Office of Hearing Officers is an office of impartial adjudicators of disciplinary cases brought by FINRA’s Department of Enforcement against FINRA members.

The Office of Hearing Officers maintains strict independence from FINRA's regulatory programs and is physically separated from other FINRA departments.

Hearing officers are not involved in the investigative process. Employment protections exist for hearing officers to further ensure their independence; they may not be terminated except by the FINRA Chief Executive Officer, with a right to appeal to the Audit Committee of FINRA's Board of Governors.

View: Orders and Decisions Chronologically | Orders by Topic | Orders by Rule

Date of Decision	Proceeding No.	Title	Type	Order No.
February 28, 2019	2016048393501	Notice of Receipt of Answer and Order Setting Initial Pre-Hearing Conference and Requiring Certificate of Compliance with FINRA Rule 9910	Disciplinary Order	19-04
February 15, 2019	2015045312501	Supplemental Order Regarding Denial of Motion for Stay of Proceedings	Disciplinary Order	19-18
January 30, 2019	2015047005801	Order Denying Enforcement’s Motion for Summary Disposition and Granting in Part and Denying in Part Motion to Strike Affirmative Defense	Disciplinary Order	19-03
January 29, 2019	2014042606902	APPEALED: Silver Leaf Partners, LLC	Disciplinary Decision
January 29, 2019	2014043863001	APPEALED: Peter Orlando	Disciplinary Decision
January 25, 2019	ARB180037	Order Denying Motion to Dismiss;	Expedited Order	EXP19‐01
January 09, 2019	2016050938301	Order Granting Department of Enforcement’s Unopposed Motion Regarding Sequestration	Disciplinary Order	19-01
January 09, 2019	2016050938301	Order Granting Department of Enforcement’s Motion For Leave to Amend its Exhibit List	Disciplinary Order	19-02
January 02, 2019	2015043646501	APPEALED: CSSC Brokerage Services, Inc.	Disciplinary Decision
November 29, 2018	2014041860801	APPEALED: Sandlapper Securities, LLC, Trevor Gordon and Jack Bixler	Disciplinary Decision
November 23, 2018	2017052871401	Order Denying Respondent’s Motion for Discovery and Motion Pursuant to Rule 9253	Disciplinary Order	18-21
November 14, 2018	2014041862701	APPEALED: Spencer Edwards, Inc.	Disciplinary Decision
November 13, 2018	2016050205901	APPEALED: Charles A. Laverty	Disciplinary Decision
November 12, 2018	2015047303901	APPEALED: Kyle P. Harrington and Linda C. Milberger	Disciplinary Decision
October 31, 2018	2016050025401	Order Granting in Part Enforcement’s Pre-Hearing Motion	Disciplinary Order	18-16
October 30, 2018	2015046971701	Windsor Street Capital, L.P. (f/k/a Meyers Associates, L.P.)	Disciplinary Decision
October 29, 2018	FPI180004	Jessica Bower Blake	Expedited Decision
October 17, 2018	2015044782401	APPEALED: Robbi J Jones and Kipling Jones & Company, Ltd.	Disciplinary Decision
October 08, 2018	2016048912703	Order Denying Bruce Meyers’ Motion to Compel	Disciplinary Order	18-15
September 14, 2018	2014039775501	James Randall Clay	Disciplinary Decision
September 10, 2018	FPI180002	APPEALED: TMR Bayhead Securities	Disciplinary Decision
August 21, 2018	2016050938301	Order Permitting Parties to Serve Pleadings	Disciplinary Order	18-20
August 07, 2018	2016050924601	APPEALED: Bradley C. Reifler	Disciplinary Decision
August 01, 2018	2016050025401	Order Granting Motion for Leave to File Second Amended Complaint	Disciplinary Order	18-14
July 17, 2018	2016050025401	Order Granting, in Part, and Denying, in Part, Respondent’s Motion for a More Definite Statement	Disciplinary Order	18-19