FINRA Panel Awards Broker $2.5 Million and U5 Reformation Over Stinging Partial Dissent
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By Harry A. Jacobowitz, Esq.*

A registered representative won a big award of monetary damages against his former employer from a majority of a three-member arbitration panel,

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SEC Submits Staff Report to Congress on Investment Adviser Arbitration: Bombshells Galore
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 By George H. Friedman, SAA Publisher and Editor-in-Chief*

Just ahead of a late June deadline, the SEC submitted a staff report to the Congress on investment adviser arbitration.

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FINRA DRS Posts Stats Through May: A Very Strong Year in Arbitration Filings Continues
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By George H. Friedman, SAA Publisher & Editor-in-Chief

FINRA Dispute Resolution Services (“DRS”) has posted case statistics through May, with recent trends continuing to show a very strong year in arbitration filings – especially industry cases – and a continued drop-off in mediations.

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June Marks One Year Anniversary of “Rigged Panels” Investigation Report
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By George H. Friedman, SAA Publisher & Editor-in-Chief

It’s been a year since the publication of recommendations resulting from the outside investigation of allegations that the FINRA arbitrator selection process was rigged.

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FINRA Panel Declines Request to Explain its Decision
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By Harry A. Jacobowitz, Esq.

 A panel of three arbitrators rejects a unilateral request for an explained Award under Rule 12904(g) of the FINRA Customer Code of Arbitration Procedure (“Code”),

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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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