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. |
|---|---|---|---|---|
| October 30, 2020 | 2015047244701 | Order on Behalf of Hearing Panel Accepting Offer of Settlement and Proposed Order of Acceptance Pursuant to FINRA Rule 9270(e) | Disciplinary Order | 20-19 |
| October 19, 2020 | 2015047244701 | Order Requiring Enforcement to Transmit to Hearing Panel Any Offer of Settlement and Proposed Order of Acceptance Pursuant to FINRA Rule 9270(e) | Disciplinary Order | 20-18 |
| October 15, 2020 | 2019063626702 | Yousuf Saljooki | Disciplinary Decision - Default | |
| September 25, 2020 | 2018058117101 | Julian J. Piekarczyk | Disciplinary Decision - Default | |
| September 15, 2020 | ARB200002 | Michael Joseph Shimko, Jr. | Expedited Decision | |
| September 04, 2020 | 2016048837401 | Order (1) Granting Request for Postponement and (2) Denying Request for Change of Hearing Location | Disciplinary Order | 20-17 |
| August 25, 2020 | 2016049414401 | Order Directing Respondent To File Answer Compliant With FINRA Rule 9215 | Disciplinary Order | 20-13 |
| August 19, 2020 | 2018058924502 | Order Denying Respondent's Cross-Motion to Strike | Disciplinary Order | 20-12 |
| August 17, 2020 | FPI200001 | Roderick Kenneth Day | Expedited Decision | |
| August 17, 2020 | 2018057755201 | Order Granting Respondent’s Rule 9252 Motion | Disciplinary Order | 20-11 |
| August 14, 2020 | 2018058924502 | Order Granting in Part and Denying in Part Enforcement’s Motion to Strike Affirmative Defenses and Request for Relief | Disciplinary Order | 20-16 |
| August 12, 2020 | 2019063790901 | Order Denying Respondent’s Motion for Return of His Computer, Motion in Limine to Preclude and/or to Place Conditions on the Testimony of Customer A, and Motion Related to Discovery Issues | Disciplinary Order | 20-15 |
| August 05, 2020 | 2017055164001 | Order Denying Respondent’s Motions In Limine | Disciplinary Order | 20-10 |
| July 31, 2020 | 2018058924502 | Order Denying Motion for Summary Disposition | Disciplinary Order | 20-14 |
| July 24, 2020 | 2019062092401 | Steven Harris | Disciplinary Decision - Default | |
| July 15, 2020 | ARB200024 | Order Granting Department of Enforcement’s Motion To Strike Respondent’s Defense And Request for Hearing | Expedited Order | EXP20-01 |
| July 02, 2020 | 2016048837401 | Order Granting In Part And Denying In Part Respondent’s Motion In Limine Regarding Expert Testimony | Disciplinary Order | 20-09 |
| July 01, 2020 | 2018058286901 | APPEALED: Wilfredo Felix and Primex Prime Electronic Execution, Inc. d/b/a Primex | Disciplinary Decision | |
| June 30, 2020 | ARB200006 | Daniel Paul Motherway | Expedited Decision | |
| June 18, 2020 | 2014041541401 | Order Requiring Certification of Compliance With FINRA Rule 9910 | Disciplinary Order | 20-08 |
| June 05, 2020 | 2016052104101 | APPEALED: Devin Lamarr Wicker | Disciplinary Decision | |
| June 01, 2020 | 2017055164001 | Order Denying Respondent’s Motion For Production Of Witness Statements Under Rule 9253 | Disciplinary Order | 20-07 |
| May 28, 2020 | 2019064884501 | Gustavo T. Franco | Disciplinary Decision - Default | |
| May 27, 2020 | 2017053462401 | Order Denying Respondent’s Motion To Amend Answer | Disciplinary Order | 20-06 |
| May 27, 2020 | 2017053843901 | Michael Patrick Murphy | Disciplinary Decision |