FINRA Board Met Earlier this Month. Approves New Arbitration Rule
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The FINRA Board met earlier this month and approved rule changes codifying the voluntary program accelerating case processing for elderly or seriously ill parties.

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FINRA Publishes Reg Notice on Rule Change Proposal Implementing Arbitrator Selection Investigation Report Recommendations
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA has published a regulatory notice implementing on March 4 the Authority’s rule change proposal to implement recommendations resulting from the outside investigation of allegations that the arbitrator selection process was rigged.

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SEC Approves FINRA’s Proposed Changes to Non-Attorney Rep Rule
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The SEC has approved FINRA’s proposal to amend the non-attorney representation rules.

As reported in SAA 2023-40 (Oct.

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FINRA DRS Posts Stats Through November. Arbitration Filings Still Up, But Slowing Down
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA Dispute Resolution Services (“DRS”) has posted case statistics through November, with trends continuing to show a comparatively strong year in arbitration filings – especially industry cases – and a bit of a recovery in mediations.

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SEC Investor Advocate Recommends Halt on RIA Arbitration Clause Use
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The SEC Office of the Investor Advocate has issued a report recommending that predispute arbitration agreement (“PDAA”) use by investment advisers be studied and that in the meantime PDAA use be suspended.

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FINRA DRS Posts Stats Through October. Industry Cases are Surging
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA Dispute Resolution Services (“DRS”) has posted case statistics through October, with trends continuing to show a comparatively strong year in arbitration filings – especially industry cases – and a continued drop-off in mediations.

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