PIABA Newsroom
In the Media
ThinkAdvisor (May 26, 2021) - Wells Fargo CEO Charles Scharf told senators Wednesday that the bank is in the process of removing “confidentiality restrictions in all types of customer arbitration…
FinancialPlanning (May 24, 2021) - With the SEC expected to approve the latest FINRA arbitration expungement reform this week, client attorneys released data that they argue shows the changes aren’t…
PRNewswire (May 21, 2021) - David P. Meyer, President of the Public Investors Advocate Bar Association (PIABA), has co-authored a new report on the FINRA expungement process. PIABA is an…
Barron's (May 20, 2021) - Brokers are erasing client complaints from their regulatory records at a brisk pace, potentially creating blindspots for state securities regulators and consumers, according…
CityWire (May 19, 2021) - The advocacy association is urging Finra to install an ‘independent investor advocate’ to bring balance to the process of arbitrating investor complaints.
The Public…
ThinkAdvisor (May 19, 2021) - Brokers have another tactic to get customer complaints expunged from the Financial Industry Regulatory Authority’s BrokerCheck, according to the Public Investors…
AdvisorHub (May 18, 2021) - The 90% success rate brokers have achieved in the past 15 months at winning expungements of customers’ complaints from their public records should alarm investors and…
InvestmentNews (May 18, 2021) - The Public Investors Advocate Bar Association released a report on recent expungement awards on Tuesday and renewed its call for the Financial Industry Regulatory…
Financial Advisor (May 18, 2021) - With expungement arbitration awards soaring 1,000%, the Finra plan to fix the system that allows registered reps to erase misconduct and customer complaints from…
JD Supra (May 10) - Congressional rumblings about outlawing mandatory arbitration clauses are relatively common, but they have not been successful. Ever since a hard-won battle in the 1980s, the…