PIABA Newsroom

PRESS RELEASE: PIABA Denounces FINRA Hearing Board Decision Allowing Charles Schwab to Require Its Clients to Waive Right to Bring Class Actions (February 28, 2013)
COMMENT LETTER: SR-FINRA-2013-002 - Proposed Rule Change to Amend FINRA Rule 2267 (Investor Education and Protection) (February 13, 2013)
COMMENT LETTER: SR-FINRA-2013-003 - Proposed Rule Change Relating to Amendments to the Customer and Industry Codes of Arbitration Procedure to Revise the Public Arbitrator Definition (February 7, 2013)
AMICUS BRIEF: William LaWarre et al vs. Fifth Third Securities, Inc., et al, Case No: C1100302, Memorandum of Amicus Curiae, Public Investors Arbitration Bar Association, in Support of Jurisdiction (Sup.Ct.Oh. November 30, 2012)
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In the Media

No Big Loss if Insurance Costs Put Brokers Out of Business, by Susan Antilla
TheStreet (October 27, 2014 9:00 am) -- The bar association for lawyers who represent investors in Finra arbitration met in La Quinta, Calif., last week to discuss regulatory trends, litigation…
Fighting Your Broker in Arbitration? Finra 'Judges' Give Some Tips, Susan Antilla
TheStreet (October 27, 2014 5:00 am) -- You may think you have an open-and-shut case against a stockbroker who's a 10 on the sleaze scale. But the arbitrators who hear cases against Wall Street's…
Wall Street watchdog, US states mull new system to clean up brokers' records, by Suzanne Barlyn
Reuters (October 23, 2014 4:32 pm) -- Wall Street's industry-funded watchdog and U.S. state securities regulators are considering whether to develop a new type of regulatory process for brokers to…
Risky Puerto Rico Funds Are Still on UBS’s Menu, by Suzanne Barlyn
Time.com (October 21, 2014) -- Brokers, according to an October memo, can recommend clients buy bond funds at the center of a recent $5.2 million settlement and hundreds of arbitration claims. UBS is…
Arbitrators of the Financial Industry Regulatory Authority (FINRA) Lack Diversity – by Public Investors Arbitration Bar Association (PIABA)
American Diversity Report (October 20, 2014) -- A new report shows that 80 % of financial industry arbitrators are male with an average age of 69. Contrary to claims made by the FINRA, its pool of…
Wall Street watchdog signals new hurdles for clearing brokers' records, by Suzanne Barlyn
news.yahoo.com (Reuters) (Octobr 14, 2013 6:36 pm) -- Wall Street's industry-funded watchdog issued new guidance late Monday that gives arbitrators more information about their responsibilities in a…
Getting a fair shake in arbitration, Editorial
A well-educated arbitrator will be better able to see phony arguments from both sides in a dispute.InvestmentNews (October 12, 2014 11:01 pm) -- The Public Investors Arbitration Bar Association has…
Investment Fraud Lawyers Cite “Serious Flaws” in FINRA Arbitration Panels, by Irvin Jackson
AboutLawsuits.com (October 10, 2014) -- A group of attorneys who represent investors in claims against stock brokers and the financial industry is criticizing the independent regulatory organization…
Investors Who Are Behind On Retirement Savings Have Options, by Elena Holodny
Business Leader Singapore (October 9, 2014 3:50 am) -- Many investors are behind on their retirement savings following bear-market setbacks. Others have just started saving late. Charles Schwab’s…
Group Faults Finra Arbitrators As Too Old, Too Male, by Kathy Lynch and Ted Knutson
RIA Central Digests (October 9, 2014) -- Too old and too male is how the Public Investors Arbitration Bar Association (Piaba) described Finra arbitrators in a recent study. The association also…