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.
Important Note for Pending Cases: Parties with cases currently pending before OHO are not required to transition to the new Docket Portal. OHO will issue orders in all existing cases confirming that while the OHO Docket Portal is operational as of October 7, parties in pending matters will continue to use email for filing and service as they have been doing. This ensures continuity for ongoing proceedings while establishing the new portal as the standard platform for future cases.
| Date of Decision | Proceeding No. | Title | Type | Order No. |
|---|---|---|---|---|
| February 06, 2025 | 2020067734001 | APPEALED: James Iannazzo | Disciplinary Decision | |
| January 17, 2025 | 2018056490315 | Order Denying Enforcement’s Motion to Strike Respondent’s Answer and Denying Enforcement’s Motion for Entry of a Default Decision | Disciplinary Order | 25-01 |
| January 17, 2025 | 2020065599103 | Order Denying Respondent’s Motion to Compel Enforcement to Produce Documents or Issue Requests for Documents | Disciplinary Order | 25-02 |
| January 15, 2025 | 2022073772701 | Keith C. Baron | Disciplinary Decision | |
| December 12, 2024 | 2022075322601 | Charles William Wodrich | Disciplinary Decision - Default | |
| December 10, 2024 | 2022076149301 | Michael Ryan Petruska | Disciplinary Decision | |
| November 26, 2024 | 2023078202201 | Daniel Hoeflinger | Disciplinary Decision - Default | |
| November 25, 2024 | 2022075597101 | Order Deferring Ruling on Respondents’ Motion for Extension of Time to Answer Complaint | Disciplinary Order | 24-30 |
| November 06, 2024 | 2019064508802 | APPEALED: Eugene H. Kim | Disciplinary Decision | |
| October 24, 2024 | 2020066079903 | Order Granting in Part Enforcement’s Motion Pursuant to Rule 9285 | Disciplinary Order | 24-29 |
| October 23, 2024 | 2019064333401 | Order Denying Respondent’s Motion for Stay of Hearing | Disciplinary Order | 24-27 |
| October 23, 2024 | 2019064333401 | Order Rescheduling Dates for Hearing | Disciplinary Order | 24-28 |
| October 15, 2024 | 2019060753508 | Michael R. Rosalia | Disciplinary Decision - Default | |
| October 07, 2024 | ARB240010 | Silvio Borrero | Expedited Decision | |
| October 07, 2024 | 2018057297102 | Order Granting Enforcement’s Motion for Interim Conditions and Restrictions | Disciplinary Order | 24-26 |
| September 30, 2024 | 2023078168101 | Tavic O. Francis | Disciplinary Decision - Default | |
| September 20, 2024 | 2018056490310 | Thomas J. Baumann | Disciplinary Decision - Default | |
| September 13, 2024 | 2023077591501 | Gary F. Harpe | Disciplinary Decision - Default | |
| September 10, 2024 | 2022076149301 | Order Granting, in Part, and Denying, in Part, Enforcement’s Motion to Permit Videoconference Testimony | Disciplinary Order | 24-25 |
| August 28, 2024 | 202006607903 | APPEALED: Jose L. Centeno | Disciplinary Decision | |
| August 23, 2024 | 2018056490311 | Stephen James Sullivan | Disciplinary Decision - Default | |
| August 16, 2024 | 2018060128401 | Michael Charles Grande | Disciplinary Decision - Default | |
| August 15, 2024 | 2018057297102 | APPEALED: Mark Sam Kolta | Disciplinary Decision | |
| August 14, 2024 | 2022073772701 | Order Granting Enforcement’s Consent Motion for Witness Sequestration | Disciplinary Order | 24-24 |
| August 14, 2024 | 2022073772701 | Order Deferring Ruling on Enforcement’s Objections to Exhibits and Witnesses | Disciplinary Order | 24-23 |