By George H. Friedman, SAA Publisher & Editor-in-Chief
A financial adviser who noted his continued objections to FINRA Dispute Resolution Services’ (“DRS”) jurisdiction but otherwise participated in the arbitration cannot later challenge the Award under New York’s arbitration statute.
The Fifth Circuit holds that the District Court was correct when it applied the “look through” standard to determine that it had jurisdiction to remove a State Court action to vacate an Award.
On the Term’s last day, SCOTUS on June 28 granted Certiorari in an arbitration-centric case. As we reported in SAA 2019-15 (Apr.
As promised, here’s a more detailed analysis of the Supreme Court’s Home Depot decision that the term “defendant,” as used in the general removal statute and in the class action removal statute,
Absent an arbitration agreement, a person seeking to compel a FINRA member to arbitrate as its “customer” must (1) have an account with the FINRA member or (2) have purchased goods and services from the FINRA member.
There was breaking news July 22 at the Annual Meeting of the Securities Experts Roundtable, with FINRA Office of Dispute Resolution Director Richard Berry announcing that the Authority had issued a Regulatory Notice protecting customers’ and associated persons’ right to access its forum.
