In early September we reported on updates and additions to the “Arbitration and Mediation” part of the Authority’s Website, including rule filing status.
First, let’s make the topic real. Just last month, the SEC posted a petition for rulemaking that suggests the Commission take steps to improve the FINRA arbitration process,
The annual half-day program on securities arbitration and mediation, sponsored by the Association of the Bar of the City of New York, took place earlier this year.
Just as we went to press, we learned that several financial industry groups have sued the Department of Labor in an effort to block implementation of its new fiduciary standard rule.
As we reported in SAA 2016-18, the House Financial Services Committee’s Subcommittee on Financial Institutions and Consumer Credit held a hearing May 18th to investigate the CFPB’s arbitration rulemaking process.