This post first appeared on the Securities Arbitration Alert blog. The blog’s editor-in-chief is George H. Friedman, Chairman of the Board of Directors for Arbitartion Resolution Services, Inc. The SEC has approved FINRA’s proposal to amend the non-attorney representation rules. As reported in SAA 2023-40 (Oct. 26), the authority on October 5 filed SR-FINRA-2023-013, Proposed Rule Change to Amend the Codes of…
FINRA Dispute Resolution Services (“DRS”) has posted case statistics through November, with trends continuing to show a comparatively strong year in arbitration filings – especially industry cases – and a bit of a recovery in mediations.
The SEC Office of the Investor Advocate has issued a report recommending that predispute arbitration agreement (“PDAA”) use by investment advisers be studied and that in the meantime PDAA use be suspended. The report also raises serious concerns about PDAAs calling for administration by private ADR providers.
The DC Circuit holds that it was bound by full faith and credit to reject Venezuela’s challenge to a $600+ million Award rendered against it.
This post first appeared on the Securities Arbitration Alert blog. The blog’s editor-in-chief is George H. Friedman, Chairman of the Board of Directors for Arbitartion Resolution Services, Inc. The Eastern District of Virginia has joined a growing chorus of courts holding that the McCarran-Ferguson Act does not “reverse-preempt” the UN Convention. The virtually unlimited reach of Federal Arbitration Act…
This post first appeared on the Securities Arbitration Alert blog. The blog’s editor-in-chief is George H. Friedman, Chairman of the Board of Directors for Arbitartion Resolution Services, Inc. FINRA Dispute Resolution Services (“DRS”) has posted case statistics through October, with trends continuing to show a comparatively strong year in arbitration filings – especially industry cases – and a continued drop-off in…
This post first appeared on the Securities Arbitration Alert blog. The blog’s editor-in-chief is George H. Friedman, Chairman of the Board of Directors for Arbitartion Resolution Services, Inc. The Supreme Court has granted Certiorari in another arbitration-related case. Coinbase v. Suski, No. 23-3, was one of the arbitration-centric cases at SCOTUS referenced in SAA 2023-36 (Sep. 21) and in our recent…
This post first appeared on the Securities Arbitration Alert blog. The blog’s editor-in-chief is George H. Friedman, Chairman of the Board of Directors for Arbitartion Resolution Services, Inc. The Supreme Court has granted Certiorari in another arbitration-related case. Coinbase v. Suski, No. 23-3, was one of the arbitration-centric cases at SCOTUS referenced in SAA 2023-36 (Sep. 21) and in our recent…
On the heels of the October 16 effective date of a number of rule amendments affecting the expungement of customer dispute information, PIABA and its foundation have issued an updated report on expunging customer dispute information from the Central Records Depository (“CRD”).
This post first appeared on the Securities Arbitration Alert blog. The blog’s editor-in-chief is George H. Friedman, Chairman of the Board of Directors for Arbitartion Resolution Services, Inc. FINRA’s proposal to amend the non-attorney representation rules has been published in the Federal Register. As we were putting together SAA 2023-39 (Oct. 12) came word that FINRA had proposed changes to…