FINRA arbitration pools lack diversity and transparency, PIABA report charges, by John M. Jascob, J.D.

dailyreportingsuite.com (Securities Regulation Daily) (October 7, 2014)  -- A report released today by the Public Investors Arbitration Bar Association (PIABA) claims that FINRA’s arbitration pools lack the gender and age diversity that would help ensure that investors receive a fair resolution of their disputes. In addition, the PIABA asserts, FINRA’s disclosure process fails to ensure that parties receive accurate information concerning arbitrators’ backgrounds and their potential conflicts of interest and biases.