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PIABA Foundation/PIABA: NEW FINRA Steps To Fix Flaws In Broker Misconduct "Expungement" Process Won't Work, Independent Investor Advocate Needed - 1,000+ Percent Increase In Expungement Awards: As SEC Heads To May 28th Review Of FINRA Rules, Third PIABA Foundation/PIABA Study Of Process Wiping Clean Broker Records Finds Major Problems Persist And New Steps Needed To Prevent "Unchallenged" Expungements

PIABA Foundation/PIABA: NEW FINRA Steps To Fix Flaws In Broker Misconduct “Expungement” Process Won’t Work, Independent Investor Advocate Needed - 1,000+ Percent Increase In Expungement Awards: As SEC Heads To May 28th Review Of FINRA Rules, Third PIABA Foundation/PIABA Study Of Process Wiping Clean Broker Records Finds Major Problems Persist And New Steps Needed To Prevent “Unchallenged” Expungements Date 18/05/2021 The “expungement” process in which broke...
Davidp Meyer Jason Doss Exchange Commission Public Investors Advocate Bar Association Investor Advocate Arbitrators Just

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The Tide Rises: Will Biden's Blue Wave Wash Away Mandatory Arbitration? | Bressler, Amery & Ross, P.C.

To embed, copy and paste the code into your website or blog: Congressional rumblings about outlawing mandatory arbitration clauses are relatively common, but they have not been successful. Ever since a hard-won battle in the 1980s, the industry has been calling the shots about where investors could plead their case and the predictable efforts to change that have gone nowhere. This time around, things may be a little different. Start with the fact that a wave of populist voters earned President ...
United States Davidp Meyer Christopher Gerald Jeff Merkley Gary Gensler Ken Bentsen

Finra should review ban on in-person arbitration hearings

Finra should review ban on in-person arbitration hearings One industry group is now calling on Finra to end the remote hearings it says are harming investors. Two hundred and sixty-three hearings have been conducted remotely as of the end of March. May 10, 2021 2 MINS When the Financial Industry Regulatory Authority Inc. decided to shut down in-person arbitration hearings last March, claimants and respondents embraced the idea of resolving disputes from the comfort of home...
Mark Schoeff Jr Davidp Meyer Richardw Berry Financial Industry Regulatory Authority Inc Finra Dispute Resolution Services Public Investors Advocate Bar Association

Finra suspension of in-person arb hearings harms investors, PIABA says

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. April 27, 2021 3 MINS Finra’s ongoing suspension of in-person arbitration hearings protects brokers while harming investors involved in disputes, the Public Investors Advocate Bar Association asserted M...
United States San Diego New Mexico Davidp Meyer Richardw Berry George Friedman

Lawmakers Propose Bill Prohibiting Mandatory Arbitration for Investors

New Bill Would Ban Mandatory Arbitration Agreements Sen. Jeff Merkley and Rep. Bill Foster have introduced a new bill addressing an old issue—whether to ban mandatory arbitration agreements between investors and advisors. A new bill would ban mandatory arbitration agreements between aggrieved investors and advisors or broker/dealers. The Investor Choice Act, which was introduced in the Senate and House of Representatives by Sen. Jeff Merkley (D-Ore.) and Rep. Bill Foster (D-Ill.), would...
United States Gregory Meeks Davidp Meyer Barbara Roper Carolyn Maloney Remingtona Gregg

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