Explained Awards — those that contain the Arbitrator’s reasons for granting or denying the relief requested — are available to parties under FINRA Rules 12904(g) and 13904(g),
Directly after the first announcement, which came from FINRA-DR officials at the September 27 PLI Seminar, “Securities Arbitration 2017,” the Authority issued an update to its Expanded Expungement Guidance,
A broker’s fiduciary duty to his client in a non-discretionary account is satisfied once he executes a trade and does not give rise to a continuing fiduciary duty that survives the termination of the broker-client relationship.