By Harry A. Jacobowitz, Esq.*
A registered representative won a big award of monetary damages against his former employer from a majority of a three-member arbitration panel,
By George H. Friedman, SAA Publisher & Editor-in-Chief
A firm’s experience in enforcing a FINRA Award underscores the need to comply with the FAA’s technical requirements for award confirmation.
By David E. Robbins[1]
Since the February 23, 2023 publication in Securities Arbitration Alert of my article “FINRA’s New Expungement Rules – Balancing Interests But Adding Roadblocks,” FINRA filed amendments to those rules and the Securities and Exchange Commission (“SEC”) approved FINRA’s major “modification” to “the current process relating to the expungement of customer dispute information.”[2] This article explains just what the SEC has approved and the implications for financial advisers seeking such “extraordinary relief.”
By Richard P. Ryder, Esq.
The American Arbitration Association reports quarterly with detailed data on the cases it closes under its Consumer &
By George H. Friedman, SAA Publisher & Editor-in-Chief
Overruling prior Circuit precedent, the Eleventh Circuit finds that the grounds set forth in FAA section 10 are the sole basis for challenging “foreign” awards under the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (“UN Convention”),
By Harry A. Jacobowitz, Esq.
A panel of three arbitrators rejects a unilateral request for an explained Award under Rule 12904(g) of the FINRA Customer Code of Arbitration Procedure (“Code”),