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 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 to 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 | |
| June 27, 2023 | 2022076975901 | Miche D. Jean | Disciplinary Decision - Default |