Actuarial Accountability
As a self-governing entity, the Academy places utmost importance on integrity and the preservation of professional standards within the actuarial community. The Actuarial Board for Counseling and Discipline (ABCD) serves as a pivotal guardian, ensuring adherence to ethical guidelines and bolstering public trust.
Through the rigorous application of disciplinary measures, the Academy reaffirms its dedication to professionalism, safeguarding the integrity, competence, and esteemed reputation of the actuarial profession.
Public Discipline
Below is a list of individuals who have faced Academy disciplinary action to provide transparency regarding instances where professional standards have been breached. The dates accompanying each name indicate when the disciplinary actions were announced or took effect.
| Name | Effective |
|---|---|
| Allen, Scott | July 20, 2018 |
| Beecher, Paul | August 1985 |
| Boatright, David | J. July 1997 |
| Coate, Larry D. | April 1997 |
| Lederman, Charles M. | May 2009 |
| Lewis, Arthurs S. | Letter to Members, August 1, 1975 |
| Lambiase, William J. | December 28, 2009 |
| Portermain, Neill W. | May 1994 |
| Rubenstein, Steven J. | September 10, 2015 |
| Scheiring, Robert D.J. | October 18, 2011 |
| Silberstein, Morris J. | December 2005 |
| Smith, James C., Jr. | Letter to Members, August 1, 1975 |
| Sutherland, Patrick E. | December 3, 2018 |
| Name | Effective |
|---|---|
| Andersen, Theodore F. | December 2021, 5 years |
| Bucknell, Robert I. | November 1994, 2 years |
| Frank, Michael W. | March 2020, 1 year; reinstated May 2021 after fully complying with Disciplinary Committee’s terms and conditions for reinstatement |
| Gould, Donald E. | October 2012, 5 years |
| Keh, Alphonso | May 1985, 5 years |
| McGee, Brian R. | November 2012, 3 years |
| Rankin, Gerald J. | August 2008, 2 years; lifted August 22, 2008 after completion of course prescribed by the disciplinary committee |
| Reynolds, Robert M. | November 2012, 3 years |
| Savasta, Neil J. | May 2014, 5 years |
| Shapiro, Kenneth P. | July 2015, 1 year |
| Sharpe, Timothy W. | August 2018, 2 years |
| Name | Effective |
|---|---|
| Andersen, Theodore F. | October 17, 2014 |
| Chong, Wil | April 2000 |
| Dandy, William B. | June 1995 |
| De Fiori, Nicolas E. | March 28, 2011 |
| Gibney, John R. | May 28, 2019 |
| Jacobson, James W. | November 14, 2012 |
| O’Connell, Ronald F. | November 2007 |
| Schwartz, Jonathan | October 25, 2010; completed course prescribed by the disciplinary committee on April 8, 2011. |
| Sharpe, Timothy W. | January 5, 2018 |
| Shaw, James L. | July 3, 2023 |
| Stanard, James N. | November 29, 2010 |
| Stergiou, E. James | November 1998 |
| Townsend, William Lynn | September 2, 2010 Effective: |
| Vance, Jerome | July 1986 |
| Wu, Guoping | November 2000 |