SEC Revamps FINRA’s Expungement Procedures
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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.”

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Scaling the Tips of a Claimed Information Advantage: A Response to “Tipping the Scales: Balancing Consumer Arbitration Cases”
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By Richard P. Ryder, Esq.* 

We reported in SAA 2023-12 (Mar. 23) on a newly-released research paper that questions securities arbitration’s fairness and,

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FINRA’s New Expungement Rules – Balancing Interests But Adding Roadblocks
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By David E. Robbins[1]

Assuming  SEC approval, FINRA’s significant changes to its expungement procedures will be implemented some time this year.

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What Does the Federal Arbitration Act’s “Policy Favoring Arbitration” Really Favor? Arbitration as a Way of Settling Disputes Rather than “Deciding” Cases
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By Stephanie Korenman and Aegis Frumento*

Introduction

For decades, arbitration practice has been conceptualized as an alternative way to resolve cases,

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The SCOTUS “Arbitration Quartet” – What You Need to Know
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By George H. Friedman*

Introduction

As our readers know, the Supreme Court just concluded a very busy Term that included an unprecedented five arbitration-centric decisions (all of which we have covered in detail).

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A Survey: When Does Functus Officio Permit an Award’s Clarification or Correction?
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By Nelson Timken*

What is Functus Officio?

The term functus officio is translated from Latin as “having performed his or her office”

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