Displaying 12 results
PIABA: Unpaid arbitration awards increased in 2020
The problem has continued its upward trajectory, said the lawyers organization, since releasing its first report in 2016.
Finra resumes in-person arbitration nationwide
The organization will reopen hearings on Aug. 2 in seven jurisdictions that had remained closed. Finra postponed in-person arbitration hearings when the pandemic began in March 2020.
Finra suspension of in-person arb hearings harms investors, PIABA says
The regulator has extended its postponement of in-person arbitration proceedings through July 2, but says it expects to resume normal proceedings in some locations as coronavirus vaccinations increase.
Bills to end mandatory arbitration introduced in House, Senate
The Securities Industry and Financial Markets Association opposes the bill, saying arbitration 'promotes fair, efficient, and economical dispute resolution for all parties.'
Some lawyers warming up to virtual Finra arbitration hearings
New statistics from regulator show slow pick-up, but concerns remain over use of Zoom
SEC approves Finra rule setting minimum fee for expungement requests
New floor of about $8,300 is meant to end the ‘$1 trick’ for brokers seeking quick clearing of records
Finra changes membership process to curb the ability to sidestep arbitration awards
New rules target brokers with pending claims that are switching firms or trying to transfer assets
Lawyers slow to embrace Zoom for Finra arbitration hearings
In-person sessions, suspended during the pandemic, allow for better presentation of evidence and arguments, they say
Finra rule allows investors more latitude in arbitration if brokers disappear
Now customers can withdraw their claim and proceed in court or file additional claims against firm personnel
Finra postpones in-person arbitration hearings until May 1 due to COVID-19
The broker-dealer regulator said it is taking action ‘in the interest of public safety’
Finra seeks minimum expungement fees of several thousand dollars
Proposal aims to raise bar for brokers to clear their records, but a lawyer for investors says it only will fill Finra's coffers
Reg BI allows brokers doing planning to avoid becoming fiduciaries: FPA
Group files amicus brief in support of lawsuits seeking to overturn regulation
