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. |
|---|---|---|---|---|
| June 05, 2019 | 2017053428201 | APPEALED: DreamFunded Marketplace, LLC and Manuel Fernandez | Disciplinary Decision | |
| June 04, 2019 | 2016050137503 | Order Denying Respondents’ Motion for More Definite Statement | Disciplinary Order | 19-19 |
| May 28, 2019 | 2016048912703 | Windsor Street Capital, et al. | Disciplinary Decision - Default | |
| May 14, 2019 | 2017053382401 | Order on Enforcement’s Objections to Respondents’ Proposed Witness List and Exhibits and Motion in Limine | Disciplinary Order | 19-17 |
| May 13, 2019 | 2017056071301 | Stephen C. Carver | Disciplinary Decision - Default | |
| May 08, 2019 | 2016050938301 | APPEALED: Michael J. Clarke | Disciplinary Decision | |
| May 07, 2019 | 2016051493704 | Order on Respondent’s Motion Pursuant to Rule 9253 | Disciplinary Order | 19-16 |
| May 03, 2019 | FPI190001, FPI190002 | Order Denying Respondents’ Motion to Conduct Hearing in Person, Regulatory Operations v. Alpine and Scotsdale | Expedited Order | EXP19-02 |
| May 02, 2019 | 2015045312501 | Order Granting Parties’ Motions for Leave to Permit Expert Testimony | Disciplinary Order | 19-15 |
| April 23, 2019 | 2015045312501 | Order Directing Parties to Meet and Confer | Disciplinary Order | 19-14 |
| April 11, 2019 | 2016050025401 | Frederick David Holloway | Disciplinary Decision | |
| April 05, 2019 | 2016049565901 | APPEALED: Glendale Securities, Inc., George Alberto Castillo, Paul Eric Flesche, Albert Raymond Laubenstein, Jose Miguel Abadin, and Huanwei Huang | Disciplinary Decision | |
| April 05, 2019 | 2016050137503 | Order Regarding Respondents’ Motion For Extension Of Time To Answer | Disciplinary Order | 19-13 |
| April 01, 2019 | 2016048393501 | Order Granting Motion for Leave to File First Amended Complaint and Index to the First Amended Complaint | Disciplinary Order | 19-12 |
| March 28, 2019 | 2016052503101 | Order Denying Respondent’s Motion for Summary Disposition | Disciplinary Order | 19-11 |
| March 13, 2019 | 2017052760001 | Order Regarding Pre-Hearing Submissions | Disciplinary Order | 19-09 |
| March 13, 2019 | 2016052503101 | Order Granting in Part and Denying in Part Respondent’s Rule 9252 Request | Disciplinary Order | 19-10 |
| March 12, 2019 | 2018058866401 | Tyler J. Woodward | Disciplinary Decision - Default | |
| March 05, 2019 | 2013035345701 | APPEALED: Titan Securities, Brad Brooks and Richard Demetriou | Disciplinary Decision | |
| March 04, 2019 | 2016050883001 | Notice of Receipt of Answer and Order Setting Initial Pre-Hearing Conference | Disciplinary Order | 19-08 |
| March 04, 2019 | 2016050883001 | Protective Order Governing Personal Confidential Information | Disciplinary Order | 19-07 |
| March 01, 2019 | 2016051493704 | Order Granting in Part Enforcement’s Motion for Rule-Compliant Answer | Disciplinary Order | 19-05 |
| 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 |
| February 15, 2019 | 2012033566205 | Accelerated Capital Group, Inc. | Disciplinary Decision - Default |