FINRA Discipline: FINRA Rule 9235

Posted on January 7th, 2017 at 8:45 PM
FINRA Discipline: FINRA Rule 9235

From the Desk of Jim Eccleston at Eccleston Law LLC:

This is the twelfthin a series of posts to discuss the rules associated with the FINRA disciplinary process. FINRA Rule 9235 lays outa hearing officer’s authority during the FINRA disciplinary proceeding.

According to the rule, the hearing officer has the power to do all things necessary and appropriate to discharge his or her duties. These duties include, but are not limited to:

holding pre-hearing and other conferences;

regulating the course of the hearing;

ordering the parties to present oral arguments at any stage of the disciplinary proceeding;

resolving any procedural and evidentiary matters, discovery requests, and motions;

creating and maintaining the official record of the disciplinary proceeding; and

drafting a decision that represents the views of the majority of the hearing panel.

If the appointed hearing officer is unable for any reason to discharge his or her duties in the disciplinary proceeding, the chief hearing officer or the deputy chief hearing officer will take over and exercise the same authority.

 The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of securities for financial advisors including CFP Board DefenseTransition Contract ReviewBroker Litigation and ArbitrationPromissory Note Defense, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.  

Related Attorneys: James J. Eccleston

Tags: Eccleston, Eccleston Law, James Eccleston, Eccleston Law LLC, FINRA, FINRA Rule 9235, hearing officer,

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Jim, Stephany and the whole team were a God send.  We felt like we were put into a situation where we had no advocate. Jim’s team came in with a strong, well laid out strategy on how to get our story heard. Where our outside compliance company had no ability to help, our Broker Dealer was impenitent, and the regulators were aggressive pursuing vague rules, Jim came like a barricade against an assault we did not understand. Though you pay member dues to be affiliated with FINRA and a B/D, you have no voice. The only thing that is truly heard in this un-level playing field is a bulldog’s bark like Jim’s. I would encourage anyone to call Jim and his team to find a real ally in the tough and complicated world of securities regulation. They are truly the best.

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