By George H. Friedman, SAA Publisher & Editor-in-Chief
We reported briefly in SAA 2022-20 (May 26) that the North American Securities Administrators Association (“NASAA”) on May 20 adopted its Unpaid Customer Arbitration Awards Model Rule.
By George H. Friedman, SAA Publisher & Editor-in-Chief
As widely reported in the media, a former Merrill Lynch broker, who had earlier this year been released from prison after serving a three-plus year sentence resulting from his misconduct,
By Harry A. Jacobowitz, Esq.*
In a timely move, the Alabama Securities Commission (“ASC”) raises serious questions about the procedure employed in a recent FINRA expungement proceeding,
By Harry Jacobowitz, Esq.****
In spite of the fact that arbitration claims that violate FINRA’s six-year eligibility rule must be dismissed without considering additional grounds for dismissal and without prejudice to the claimant’s or claimants’ right to pursue the claims in court,
By George H. Friedman, SAA Publisher & Editor-in-Chief
Just as we went to press came word that, based on statutory construction, the Supreme Court has decided Badgerow v.
by Harry A. Jacobowitz
A 35-page explained Award in a raiding case resulted in an award in excess of $18 million against the respondents,