National Adjudicatory Council
The National Adjudicatory Council (NAC) is a FINRA committee that reviews initial decisions rendered in FINRA disciplinary and membership proceedings. While a decision is on appeal, the sanction is not actively enforced against the firm or individual. The NAC may affirm, dismiss, modify, or reverse any finding, or remand for further proceedings. The NAC may affirm, modify, reverse, increase, or reduce any sanction or impose any other fitting sanction.
Unless FINRA's Board of Governors decides to review the NAC's appellate decision, the NAC's decision represents FINRA's final action. A firm or individual can appeal FINRA's decision to the Securities and Exchange Commission.
| Date of Decision | Proceeding No. | Title | Type |
|---|---|---|---|
| April 22, 2015 | SD-1962 | Candace J. Lee with Financial Services International Corp | Statutory Disqualification, Approvals |
| April 16, 2015 | 2007011413501 | APPEALED: Brookstone Securities, Inc., Antony Lee Turbeville, Christopher Dean Kline and David William Locy | Disciplinary Decision |
| March 16, 2015 | 2006006705601r | APPEALED: John M.E. Saad | Disciplinary Decision |
| March 09, 2015 | 2011025899601 | David and Sian Harari | Disciplinary Decision |
| March 03, 2015 | 20110269351 | John Cherry, III | Disciplinary Decision |
| February 27, 2015 | 2011028061001 | APPEALED: Keilen Dimone Wiley | Disciplinary Decision |
| February 03, 2015 | SD-1866 | Amico, Guy with Newbridge Securities Corporation | Statutory Disqualification, Approvals |
| December 29, 2014 | 2009019108901 | APPEALED: William Scholander and Talman Harris | Disciplinary Decision, Redacted Decision |
| December 22, 2014 | SD-2043 | Thomas Core with Aegis Captial Corporation | Statutory Disqualification, Approvals |
| December 18, 2014 | SD1904, SD-1905, SD-1984 | J.P. Morgan Securities, LLC | Statutory Disqualification, Approvals |
| December 17, 2014 | SD-1802 | Deutsche Bank Securities, Inc. | Statutory Disqualification |
| December 11, 2014 | 20070094044 | APPEALED: Wedbush Securities, Inc. and Edward William Wedbush | Disciplinary Decision |
| December 11, 2014 | SD-1997 | Ronald M. Berman | Statutory Disqualification, Denials |
| December 10, 2014 | 2011025957702 | Gary Giblen | Disciplinary Decision |
| December 09, 2014 | SD-2012 | David S. Thomas with Purshe Kaplan Sterling Investments, Inc. | Statutory Disqualification, Approvals |
| October 08, 2014 | 2011030192201 | APPEALED: Alfred P. Reeves, III | Disciplinary Decision |
| October 03, 2014 | 2009016034101 | APPEALED: Anthony A. Grey | Disciplinary Decision |
| October 02, 2014 | 20130379350 | APPEALED: Bering Strait Securities, Inc. | Membership Decision |
| October 02, 2014 | SD-1798 | Wells Fargo Advisors, LLC | Statutory Disqualification, Approvals |
| September 29, 2014 | M00010005 | In the Matter of the Membership Continuance Application of The Firm | Membership Decision, Redacted Decision |
| August 01, 2014 | 20080127674 & 20080133768 | Angelo Xagoraris | Disciplinary Decision |
| July 25, 2014 | 2011027007901 | APPEALED: Shashishekhar Doni | Disciplinary Decision |
| July 21, 2014 | 2010021303301 | North Woodward Financial Corp. and Douglas A. Troszak | Disciplinary Decision |
| July 18, 2014 | 2009019837302 | APPEALED: Blair C. Mielke and Frederick W. Shultz | Disciplinary Decision |
| June 03, 2014 | 2010023724601 | David Kristian Evansen | Disciplinary Decision |