Group slams FINRA over arbitration claims

By Joe Mont2016-02-29T14:30:00

Nearly one out of three investor awards in arbitration cases overseen by the Financial Industry Regulatory Authority go unpaid claims a new report by the Public Investors Arbitration Bar Association. The group—a not-for-profit association of lawyers representing claimants in securities and commodities arbitration proceedings and litigation—claims that “nearly $1 of ...

lock icon THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.

Become a Member

News and analysis for the well-informed compliance or audit exec. Select an option and click continue.

Annual Membership $499 Value offer

Full price one year membership with auto-renewal.

Membership $599

One-year only, no auto-renewal.

Access CW Newsletters and CPE webcasts. REGISTER FOR LIMITED FREE ACCESS

Already a Compliance Week member?

Article
Debate over CFPB’s arbitration rule intensifies in comment letters

2016-09-13T12:30:00Z By Joe Mont

The CFPB has received some 13,000 comments in a fierce debate over its proposed rule to limit the use of binding arbitration for resolving disputes associated with financial products. Joe Mont explores.
Article
Seeking to squash mandatory arbitration, CFPB proposal draws praise and venom

2016-05-10T15:45:00Z By Joe Mont

The Consumer Financial Protection Bureau is moving ahead with a proposed rule that will prohibit mandatory arbitration clauses. While proponents agree with the Bureau’s assertion that class-action lawsuits provide a more effective means for consumers challenging problematic practices, pro-business groups see the rule as a deathblow for financial services arbitration ...
Article
Market shifts, SEC priorities spark debate of FINRA’s future

2016-04-19T14:15:00Z By Joe Mont

Changes may be afoot at the Financial Industry Regulatory Authority as Congress and others ponder whether its duties should expand, compress, or just be folded into the Securities and Exchange Commission. Amid the debates one thing is clear: FINRA is doubling down on its enforcement efforts.

“For tracking litigation, enforcement, and regulatory developments, Compliance Weekshould be your prime source.”

Group slams FINRA over arbitration claims

Become a Member

Related articles

Debate over CFPB’s arbitration rule intensifies in comment letters

Seeking to squash mandatory arbitration, CFPB proposal draws praise and venom

Market shifts, SEC priorities spark debate of FINRA’s future

“For tracking litigation, enforcement, and regulatory developments, Compliance Week
should be your prime source.”