No one disputes FINRA's need to sanction those who do not make timely disclosures on their CRD filings, but "Four Enforcement attorneys, one OHO Hearing Officer, pre-hearings, an Order to Show Cause, a show-cause hearing, a default hearing, a DEFAULT DECISION, and a raging Covid pandemic -- and all of that to go after an 89-year-old Respondent who had been in our biz since 1970 and was last terminated in July 2020."
Bill has a point.