Spartan Capital Securities LLC v. FINRA - Time to Issue Decision Extended 90 Days
Summary
The SEC issued Order Release No. 34-105253 extending by 90 days the period within which the Commission must issue its decision in the matter of Spartan Capital Securities LLC, John D. Lowry, and Kim M. Monchik seeking review of FINRA disciplinary action. The decision deadline is now July 15, 2026. This is a procedural extension of an administrative proceeding timeline.
What changed
The SEC issued an order on April 16, 2026 extending by 90 days the period within which the Commission must issue its decision in the matter of Spartan Capital Securities LLC, John D. Lowry, and Kim M. Monchik (Admin. Proc. File No. 3-22285). The original decision deadline was approximately April 15, 2026, and is now extended to July 15, 2026.\n\nAffected parties including Spartan Capital Securities, its associated persons, and FINRA should note that this administrative proceeding remains pending. The extension provides additional time for Commission deliberation but does not alter the underlying disciplinary action or the parties' rights to a final determination. No new compliance obligations or procedural changes result from this extension.
Archived snapshot
Apr 16, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
UNITED STATES OF AMERICA before the SECURITIES AND EXCHANGE COMMISSION SECURITIES EXCHANGE ACT OF 1934 Release No. 105253 / April 16, 2026 Admin. Proc. File No. 3-22285 In the Matter of the Application of SPARTAN CAPITAL SECURITIES, LLC, JOHN D. LOWRY, and KIM M. MONCHIK For Review of Disciplinary Action Taken by FINRA ORDER EXTENDING TIME TO ISSUE DECISION The Commission has determined, in its discretion, that it is appropriate to extend by 90 days the period within which the decision in this matter may be issued. Accordingly, IT IS ORDERED that such period be, and hereby is, extended to July 15, 2026. By the Commission. Vanessa A. Countryman Secretary
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