FINRA Discipline: FINRA Rule 9252

Posted on January 18th, 2017 at 9:07 AM
FINRA Discipline: FINRA Rule 9252

From the Desk of Jim Eccleston at Eccleston Law LLC:

This is the sixteenth in a series of posts to discuss the rules associated with the FINRA disciplinary process. FINRA Rule 9252 states that a respondent in a disciplinary proceeding has a right to compel the production of documents from, or testimony of, all parties. However, the rule states that a respondent’s request for documents or testimony must be submitted no later than 21 days before the scheduled hearing date.

FINRA will grant the request for documents or testimony if a respondent demonstrates that the information which is sought is relevant and material. A respondent must also show that he or she has previously attempted in good faith to obtain the desired documents and testimony. After the request is filed, the hearing officer will consider whether the request is unreasonable, oppressive, excessive in scope, or unduly burdensome in deciding to grant or deny the request.

If the request is granted, the hearing officer will order that requested documents be produced to all parties no less than ten days before the hearing or immediately if the hearing is less than ten days away, and order the witnesses whose testimony was requested to appear and testify at the hearing. 

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 Employment MattersTransition Contract ReviewState Licensing and RegistrationFINRA 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, Eccleston Law LLC, James Eccleston, FINRA, FINRA disciplinary process, FINRA Rule 9252, hearing date, testimony, hearing officer, request, excessive in scope, unreasonable, oppressive,

Return to Archive



I just received this letter from the CFP Board. Thank you, Thank you, THANK YOU!

David Y


June 9, 2023
Retrospective Review Deadline Approaching

The deadline for completing the initial retrospective review required by the Department of Labor (DOL) is quickly approaching.

June 8, 2023
Former David Lerner Branch Manager Receives FINRA Sanctions for Supervisory Lapses

The Financial Industry Regulatory Authority (FINRA) imposed a one-month suspension and a $5,000 fine on former David Lerner Associates branch manager Rande Aaronson.

June 7, 2023
SEC Files Fraud Charges Against Financial Advisor for Exploiting Elderly Clients

The Securities and Exchange Commission (SEC) has charged Douglas McKelvey, a former Morgan Stanley financial advisor, with fraud for misappropriating more than $1.7 million from two elderly customers who were his close relatives.