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.

Media: field_core_official_dt (year)
Date of Decision Proceeding No. Title Type
October 22, 1998 C8A960081 In the Matter of District Business Conduct Committee For District No. 8, Complainant, vs. Respondent Firm 1 and Respondent 2 Disciplinary Decision, Redacted Decision
October 22, 1998 C9A960029 Pamela A. Hartsock Disciplinary Decision
October 22, 1998 C9A960029 In the Matter of District Business Conduct Committee For District No. 9, Complainant, vs. Respondent 1 Disciplinary Decision, Redacted Decision
October 15, 1998 C07970006 Joseph G. Chiulli Disciplinary Decision
October 14, 1998 CMS920005 John Roger Faherty & Nianne A. Norris Disciplinary Decision
October 13, 1998 C8A960052 In the Matter of District Business Conduct Committee For District No. 8, Complainant, vs. Respondent 1 and Respondent 2 Disciplinary Decision, Redacted Decision
September 18, 1998 C05960074 In the Matter of District Business Conduct Committee For District No. 5 Complainant, vs. Respondent Disciplinary Decision, Redacted Decision
September 14, 1998 C07960096 Hunter International Securities, Inc., & Louis N. Nizza, Jr. Disciplinary Decision
September 11, 1998 C10970029 John M. Columbia Disciplinary Decision
August 25, 1998 C07960069 Steven A. Kirschbaum Disciplinary Decision
August 17, 1998 C07970022 Allen R. Prewitt Disciplinary Decision
July 29, 1998 C10960162 Douglas John Mangan Disciplinary Decision
July 28, 1998 C02970027 Nancy H. Martin Disciplinary Decision
July 24, 1998 C07970045 Ted D. Wells Disciplinary Decision
July 22, 1998 C8B960042 John A. Chepak Disciplinary Decision
July 22, 1998 C8B960042 In the Matter of District Business Conduct Committee For District No. 8, Complainant, vs. Respondent 1 Disciplinary Decision, Redacted Decision
July 13, 1998 CMS920091 Michael J. Markowski & Joseph F. Riccio Disciplinary Decision
July 09, 1998 C01970012 Monterey Bay Securities, Inc., & Kenneth Mark Doolittle Disciplinary Decision
July 09, 1998 C01970012 In the Matter of District Business Conduct Committee for District No. 1, Complainant, vs. Respondent Firm 1 and Respondent 2 Disciplinary Decision, Redacted Decision
July 08, 1998 C10970007 Lawrence P. Bruno, Jr. Disciplinary Decision
July 02, 1998 C07950058 International Trading Group, Inc., & Daniel E. Carter Disciplinary Decision
July 02, 1998 C07950058 In the Matter of District Business Conduct Committee For District No. 7 Complainant, vs. Respondent Firm 1 and Respondent 2 Disciplinary Decision, Redacted Decision
July 02, 1998 C01970017 Glen McKinley Richars, III Disciplinary Decision
July 02, 1998 C01970012 Monterey Bay Securities, Inc., & Kenneth Mark Doolittle Disciplinary Decision
July 01, 1998 C07970051 Richard Timothy Greene Disciplinary Decision