FINRA Discipline: FINRA Rule 9264

Posted on January 26th, 2017 at 9:18 AM
FINRA Discipline: FINRA Rule 9264

From the Desk of Jim Eccleston at Eccleston Law LLC:

This is the nineteenth in a series of posts to discuss the rules associated with the FINRA disciplinary process. FINRA Rule 9264 states that a respondent or FINRA has opportunity to file a motion for summary disposition after the respondent files his or her answer and all of the documents have been submitted. Parties are required to file a motion for summary disposition at least 21 days before the hearing and any opposition to that motion must be filed at least 7 days before the hearing.

A respondent or FINRA also has the right to file a motion for summary disposition for any or all causes of action in the complaint after the hearing has commenced. A motion for summary disposition should not exceed 35 pages and should include a statement of undisputed facts; a supporting memorandum of points and authorities; and affidavits or declarations that set forth such facts.  

A hearing officer may promptly deny or defer decisions on any motion for summary disposition, however, only a hearing panel can grant a motion for summary disposition. 

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 investors including Securities FraudUnauthorized TradingBreach of Fiduciary DutyRetirement Planning Negligence, 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 Rule 9264, FINRA disciplinary process, file a motion, summary disposition, undisputed facts, supporting memorandum, affidavits, declaration, hearing panel,

Return to Archive



If you find yourself in trouble with the regulators, call Eccleston Law, you won't regret it.

Rick R.


August 16, 2022
SEC Warns Financial Advisory Firms Regarding Conflicts of Interest Tied to Compensation

The Securities and Exchange Commission (SEC) has sent a warning to financial advisory firms that they must go above and beyond solely disclosing conflicts of interest related to employee pay programs in order to avoid regulatory scrutiny. 

August 15, 2022
FINRA Proposal Would Permit Private Homes to Serve as Non-Branch Offices

The Financial Industry Regulatory Authority (FINRA) has filed proposed changes to FINRA Rule 3110 with the Securities and Exchange Commission (SEC).

August 12, 2022
SEC Charges J.P. Morgan, UBS, and TradeStation for Deficiencies Pertaining to the Prevention of Customer Identify Theft

The Securities and Exchange Commission (SEC) has charged J.P. Morgan Securities, UBS Financial Services, and TradeStation Securities over deficiencies in their programs designed to prevent client identify theft, which violates the SEC’s Identity Theft Red Flags Rule, or Regulation S-ID.