CARL M. BIRKELBACH

08/22/2011: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Birkelbach Investment Securities, Inc. (CRD No. 11490) and Carl Birkelbach, (CRD No. 1177843), Respondents. Disciplinary Proceeding No. 2009016354101 Hearing Officer MC ORDER ACCEPTING OFFER OF SETTLEMENT Date: Aug. 15, 2011 INTRODUCTION Disciplinary Proceeding No. 2009016354101 was filed on about December 20, 2010 and amended on April 27, 2011 (Amended Complaint), by the Department of

Reference 2009016354101finra.orgdata-portal.finra.org

10/15/2012: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Carl M. Birkelbach (CRD No. 1177843), Respondent. DISCIPLINARY PROCEEDING No. 2011025843301 COMPLAINT The Department of Enforcement alleges: SUMMARY 1. Carl M. Birkelbach ("Birkelbach") controlled five customer accounts pursuant to his approved discretionary authority in the accounts. The level of trading by Birkelbach in the accounts was excessive and unsuitable for all the customers in

07/11/2013: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS Department of Enforcement, Complainant, v. Carl M. Birkelbach (CRD No. 1177843), Respondent. Disciplinary Proceeding No. 2011025843301 Hearing Officer MAD ORDER ACCEPTING OFFER OF SETTLEMENT Date: July 8, 2013 INTRODUCTION Disciplinary Proceeding No. 2011025843301 was filed on October 15, 2012, by the Department of Enforcement of the Financial Industry Regulatory Authority (FINRA) (Complainant). Respondent Carl M. Birkelbach submitted an

Reference 2011025843301data-portal.finra.orgdata-portal.finra.orgfinra.org

06/02/2014: United States Court of Appeals for the Seventh Circuit No. 13-2896 CARL M. BIRKELBACH, Petitioner, v. SECURITIES AND EXCHANGE COMMISSION, Respondent. Petition for Review of an Order of the Securities and Exchange Commission. No. 3-14609 ARGUED APRIL 1, 2014 - DECIDED MAY 2, 2014 Before TINDER and HAMILTON, Circuit Judges, and KAPALA, District Judge. KAPALA, District Judge. Carl Birkelbach seeks review of a Securities and Exchange Commission ("SEC") order barring him for life from participation in the

07/02/2013: SECURITIES AND EXCHANGE COMMISSION Washington D.C. SECURITIES EXCHANGE ACT OF 1934 Rel. No. 69923 / July 2, 2013 Admin. Proc. File No. 3-14609 In the Matter ofthe Application of WlLLIAM J. MURPHY and CARL M. BIRKELBACH For Review of Disciplinary Action Taken by FINRA OPINION OF THE COMMISSION REGISTERED SECURITIES ASSOCIATION -- REVIEW OF DISCIPLINARY PROCEEDINGS Discretionary Trading Without Written Authorization Unauthorized Trading Unsuitable Trading Churning Misleading Communications Failure

10/20/2011: BEFORE THE NATIONAL ADJUDICATORY COUNCIL FINANCIAL INDUSTRY REGULATORY AUTHORITY In the Matter of Department of Enforcement, Complainant, vs. William J. Murphy Midlothian, Illinois, Carl M. Birkelbach Chicago, Illinois, and Chicago, Illinois, Respondents, DECISION Complaint No. 2005003610701 Dated: October 20, 2011 Hearing Panel found that: (1) a registered representative engaged in discretionary trading without written authorization from his clients or firm; engaged in excessive and unsuitable options

05/06/2010: FINANCIAL INDUSTRY REGULATORY AUTHORITY OFFICE OF HEARING OFFICERS DEPARTMENT OF ENFORCEMENT, Complainant, v. WILLIAM J. MURPHY (CRD No. 1437087), CARL M. BIRKELBACH (CRD No. 1177843), and Respondents. Disciplinary Proceeding No. 2005003610701 Hearing Officer-LBB EXTENDED HEARING PANEL DECISION May 6, 2010 For exercising discretion in two clients' accounts without written authority from the clients or approval from his firm, engaging in unauthorized trading, recommending and effecting unsuitable

Reference 2005003610701data-portal.finra.orgdata-portal.finra.orgdata-portal.finra.orgdata-portal.finra.orgfinra.org