Unanimous Kentucky Supreme Court: Variable Annuity is Not an Insurance Product, but A Fixed Annuity is. PDAA in the Latter is Therefore Unenforceable
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By George H. Friedman, SAA Publisher & Editor-in-Chief 

While the arbitration agreement in a variable annuity was enforceable because the investment was a security,

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Washington State Court Vacates $4.6 Million FINRA Award Because One Arbitrator’s Inadequate Disclosure Tainted Panel
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Arbitrators have an affirmative duty to reveal potential conflicts of interest, especially when such a disclosure is expressly required by the forum in which they serve,

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FINRA Dispute Resolution Services: “Get Vaccinated or Participate Virtually (Except in Florida)”
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA Dispute Resolution Services (“DRS”) on September 17 announced an updated COVID-19 vaccination policy.

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Longtime Consumer Advocate Roper Joins SEC Senior Staff: Any Implications for FINRA DRS?  
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By George H. Friedman, SAA Publisher & Editor-in-Chief

Consumer advocate and mandatory arbitration critic Barbara Roper has joined the SEC’s senior staff.

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FINRA DRS Posts Stats Through 2Q: Customer Claims Are Even with 2020, While Industry Claims Continue to Plummet. And the COVID-19 Pending Cases Backlog is Really Gone
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA Dispute Resolution Services (“DRS”) posted case statistics through June, with the overall case filing trends essentially unchanged from prior months.

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Thought the Stanford Ponzi Scheme Cases were Done?  Read on…  
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By George H. Friedman, SAA Publisher & Editor-in-Chief

The Stanford Ponzi scheme was discovered in early 2009. Arbitration cases arising out of it are still with us,

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