FINRA Discipline: FINRA Rule 9253

Posted on January 20th, 2017 at 9:33 AM
FINRA Discipline: FINRA Rule 9253

From the Desk of Jim Eccleston at Eccleston Law LLC:

This is the seventeenth in a series of posts to discuss the rules associated with the FINRA disciplinary process. FINRA Rule 9253 states that a respondent in a disciplinary proceeding has the right to file a motion requesting that FINRA produce for inspection and copying any transcribed or recorded statement of any person called or to be called as a witness. A respondent can also file a motion to request the inspection and copying of any written statement made by any interested FINRA staff member during an examination of an oral statement made by a person called or to be called as a witness.

If FINRA fails to hand over the requested documents for inspection to a respondent, a rehearing will be granted if the respondent establishes that the failure to provide the statement was not a harmless error.  The decision on whether a rehearing will be granted is decided by the hearing officer, or upon appeal or review, a subcommittee. 

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 9253, file a motion, respondent, rehearing, hearing officer, subcommittee, appeal, review

Return to Archive



I just wanted to say thanks again for preparing and executing my case in such a professional manner. It was a pleasure to watch two professionals take such pride in their work, as well as becoming personally in tune with your client (Me). I would personally recommend you and your firm to anyone.

John O.


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.