The Documents

Official filings and orders from the public record of SEC Administrative Proceeding No. 3-20639.

FINRA Proceedings

  • February 28, 2018 FINRA Complaint First-ever enforcement action under Regulation Crowdfunding
  • September 27, 2021 NAC Decision Three lifetime bars, three expulsions, $15,889.03 costs. No investor losses. No restitution.

SEC Briefing

  • October 28, 2021 Application for Review View →
  • June 9, 2022 Applicants’ Opening Brief View → Doolittle recording discussed at pages 3–4
  • August 9, 2022 FINRA’s Opposition Brief View →
  • August 23, 2022 Applicants’ Response Brief View → Merits briefing closes
  • November 11, 2024 Applicants’ Supplemental Brief on Jarkesy View →
  • December 20, 2024 FINRA’s Supplemental Response View → Constitutional briefing closes

SEC Extension Orders

Order Date Days Since Briefing Closed (Aug. 23, 2022)
Extension Order 1 January 31, 2022 Pre-briefing
Extension Order 2 April 11, 2022 Pre-briefing
Extension Order 3 June 23, 2023 304
Extension Order 4 September 21, 2023 394
Extension Order 5 December 20, 2023 484
Extension Order 6 March 19, 2024 574
Extension Order 7 June 17, 2024 664
Extension Order 8 September 16, 2024 755
Extension Order 9 August 20, 2025 1,093
Extension Order 10 January 12, 2026 1,238
Release 105209 April 13, 2026 1,329

Orders 1 and 2 were issued before merits briefing closed. Orders 3 through 10 and Release 105209 were issued after briefing closed.

The SEC set its own deadline of April 13, 2026. On that date, it granted another extension instead of issuing a decision.

2026 Filings Through April 13

  • April 6, 2026 Objection and Motion for Immediate Ruling View → eFAP Filing ID 13962
  • April 6, 2026 Supplemental Statement of Preserved Constitutional Arguments View → Refiled April 8, eFAP 13971
  • April 6, 2026 Motion for Leave re Smith v. SEC View → Refiled April 8
  • April 8, 2026 Opposition to FINRA Extension Motion View →
  • April 9, 2026 Declaration of Prejudice from Delay View →
  • April 13, 2026 SEC Release No. 105209 — Extension Order View →