In SR-FINRA-2024-022 (Proposed Rule Change to Amend the Codes of Arbitration Procedure to Make Clarifying, Technical and Procedural Changes to the Arbitrator List Selection Process), FINRA DRS sought ...

The Financial Industries Regulatory Authority (FINRA) has created a parallel universe for handling disputes outside of the regular court system. It’s a bit like a sci-fi heroine finding herself in an ...

Investor advocates are up in arms about a FINRA rule change they contend could prevent aggrieved brokerage clients from getting a fair hearing before their peers. Processing Content The Financial ...

As most in the industry know, under the Financial Industry Regulatory Authority’s (Finra) current reporting structure, a customer complaint appears on a financial advisor’s public record as soon as it ...

The financial landscape is continuously shaped by the evolving regulations imposed by the Financial Industry Regulatory Authority (FINRA). All disputes by or between member firms and associated ...

An arbitrator overseeing a Finra Dispute Resolution Services arbitration claim last week awarded close to $100,000 to a customer who in 2018 and again in 2020 purchased GWG L bonds, calling the bonds ...

The Securities Industry and Financial Markets Association (SIFMA) is urging the Financial Industry Regulatory Authority to change termination reporting and create tougher arbitration standards to ...

Many advisers who have been involved in arbitration cases are welcoming a move to give investors the option of having all-public arbitration panels. But plaintiff's attorneys fear that the pilot ...

In a Financial Industry Regulatory Authority Arbitration Statement of Claim filed in February 2010, Aaron Berkowitz alleged fraud, breach of contract, and negligence in connection with alleged ...

Arbitration and litigation are two ways to resolve legal disputes. Arbitration is a private process in which the parties present their cases to one or more arbitrators who make a final decision. It is ...