Firms have fighting chance with FINRA
B-Ds facing litigation from FINRA might be better off fighting rather than settling, according to a study.
Broker-dealer firms facing litigation from FINRA may have a chance at beating the charges, provided they fight rather than settle, according to a study from Sutherland Asbill & Brennan LLP.
When taken to court by FINRA, the 67 polled firms won 22% of their cases outright.
It doesn’t sound li
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