The list below provides links to opinions, orders, and other final Board action imposing sanctions in contested disciplinary proceedings, as well as links to Securities and Exchange Commission action on review of those sanctions.
Under the Sarbanes-Oxley Act, any person sanctioned by the Board may seek review by the SEC in accordance with SEC rules, and any such application for review operates as a stay of the sanction. Normally, SEC review proceedings are public pursuant to Rule 301 of the SEC's Rules of Practice. However, the Act prohibits the Board from reporting the sanction to the public unless and until the SEC lifts the stay of the sanction. Because of the stay, the Board does not publish Board orders and opinions before the SEC review has occurred or the opportunity to seek SEC review has passed. In addition, because of the stay, the effective date of the sanctions imposed by the Board is different from the date of the Board action imposing the sanctions.