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
Media: field_core_official_dt (year)
Date of Decision Proceeding No. Title Type Order No.
March 15, 2024 2018057297102 Order Following Pre-Hearing Conference Regarding Respondent’s March 14, 2024 Email Communication Concerning Jury Summons Disciplinary Order 24-07
February 28, 2024 2019061942901 APPEALED: Michael Ciro Colletti Disciplinary Decision
February 07, 2024 2019064508802 Order Denying Respondent’s Motion for Leave to Permit Expert Testimony Disciplinary Order 24-06
February 06, 2024 2021071094401 Amended Order Relating to Audio Files Disciplinary Order 24-05
January 31, 2024 2023077669201 Damian M. Baird Disciplinary Decision - Default
January 25, 2024 2017055886402 Cantone Research Inc., Anthony J. Cantone, and Raymond J. DeRobbio Disciplinary Decision
January 23, 2024 2018060897302 Darren M. Kubiak Disciplinary Decision - Default
January 17, 2024 2018057297102 Order Granting in Part, and Denying, in Part, Enforcement’s Consent Motion for Leave to Offer Telephone or Videoconference Testimony Disciplinary Order 24-04
January 05, 2024 2019064508802 Order Denying Respondent’s Second Revised FINRA Rule 9251 Motion Disciplinary Order 24-03
January 03, 2024 2019063152202 Order Denying Respondent’s FINRA Rule 9252 Motion to Compel Production of Documents Disciplinary Order 24-02
January 02, 2024 2019064508802 Amended Order Denying Respondent’s Second Revised FINRA Rule 9252 Motion Disciplinary Order 24-01
December 20, 2023 2018057297102 Order Denying Respondent’s Motion for Exception to FINRA Rule 9242 and Ordering Him to Comply with the Case Management and Scheduling Order Disciplinary Order 23-29
December 01, 2023 DFC230002 Arque Capital, Ltd. Expedited Decision
October 31, 2023 2018057297102 Order Regarding Hearing Venue Disciplinary Order 23-28
October 11, 2023 2018057297102 Order Denying Respondent’s Motion for Withheld Documents List Disciplinary Order 23-27
October 05, 2023 FPI230003 Securities Capital Corporation Expedited Decision
October 04, 2023 ARB230012 John Knox Goodwin Expedited Decision
September 26, 2023 2020065396501 APPEALED: Peter J. Fetherston Disciplinary Decision
September 20, 2023 2019063152202 Order Denying Respondent’s Motion for Stay Disciplinary Order 23-26
September 14, 2023 2020066627202 Order Governing FINRA Rule 9285 Motion Disciplinary Order 23-25
July 24, 2023 2022074278301 BrokerBank Securities, et al. Disciplinary Decision - Default
July 21, 2023 2021071137001 Order Governing the Use of Leading Questions to Former Employees of Respondent Lek Securities Corporation Disciplinary Order 23-24
July 19, 2023 2021071137001 Order Granting in Part and Denying in Part Respondents’ Motion to Preclude FINRA from Using Testimony Procured Through Rule 8210 and for Sanctions Pursuant to Rule 9280 Disciplinary Order 23-23
July 17, 2023 2021071137001 Order Deferring Ruling on Lek Securities Corp. and Charles Frederik Lek’s Motion in Limine to Exclude Certain Evidence Disciplinary Order 23-22
July 14, 2023 2020066627202 APPEALED: Suzanne Marie Capellini Disciplinary Decision