DC Circuit Derails Effort to Evade Amtrak Arbitration Provision
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By George H. Friedman, SAA Publisher & Editor-in-Chief

Passengers who had suffered no injury lacked Article III standing to challenge an arbitration clause in Amtrak’s Terms and Conditions.

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Class Action Claims Securities Exchanges Are Rigged for High-Frequency Trading Firms: City of Providence v. BATS Global Markets, Inc.
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By Noah D. Sorkin

*Federal courts have jurisdiction over private suits alleging that securities exchanges violated §10(b) of the Securities Exchange Act.

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