PIABA Newsroom

REPORT: Update to the 2013 Expungement Study of The Public Investors Arbitration Bar Association (October 20, 2015)
PRESS RELEASE: Data Show that FINRA Efforts to Slow Expungement of Broker Misconduct Has Failed (October 20, 2015)
COMMENT LETTER: SR-FINRA-2015-032 - Rule Change to Amend FINRA Rule 8312 (FINRA BrokerCheck Disclosure) to Reduce the Waiting Period for the Release of Information Reported on Form U5 (October 19, 2015)
PRESS RELEASE: DOL Rule Banning Conflicted-Advice Embraced by Attorneys Who Have Represented Tens of Thousands of Investors (September 25, 2015)
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In the Media

The Mysterious Case of the Unpaid Arbitration Awards, Bob Clark
Too many investors win securities arbitration awards and never see a pennyThinkAdvisor (March 28, 2016) -- I’m not a big fan of horror stories — the daily news is usually horrific enough for me — so…
FINRA to Address Expungement Issues, Arbitration Chief Says, by Antoinette Gartrell
Securities Law Daily (March 18, 2016) — The Financial Industry Regulatory Authority is poised to address the practice of brokers continually being granted expungement of their disciplinary histories…
FINRA May Create Fund for Unpaid Arbitration Awards
Financial Planning (March 17, 2016) -- During questioning by Sen. Warren, FINRA CEO Richard Ketchum said the regulator may set up a new fund for "terribly harmed" investors. . . .
Frenzy of activity for financial adviser rule, by Megan R. Wilson
The Hill (March 16, 2016 5:00 am) -- Lobbyists for business and public interest groups are flocking to the White House in a last-ditch attempt to shape the Labor Department’s hotly contested “…
Betterment’s Public Comment to the DOL: No More Conflicted Advice
In support of the DOL proposal to extend the fiduciary standard, we submitted an official comment. We support the DOL’s proposal because we believe it will accelerate a shift toward an unambiguous…
Investor Recovery Fund Needed To Close Gap Made By Unpaid Arbitration Awards: Report, by Irvin Jackson
AboutLawsuits.com (March 4, 2016) -- A group of arbitration attorneys warn that about one-third of all investor recovery awards against financial firms for investment losses caused by fraud or…
Advisors to be barred if they don’t pay fines, by Paul Lucas
Wealth Professional (March 9, 2016) -- The Financial Industry Regulatory Authority (Finra) in the USA is looking to clamp down on advisors that aren’t paying arbitration awards.According to the…
Advisors to be barred if they don’t pay fines, by Paul Lucas
Wealth Professional (March 9, 2016) -- The Financial Industry Regulatory Authority (Finra) in the USA is looking to clamp down on advisors that aren’t paying arbitration awards.According to the…
Wronged investors win cases but never collecct, by Andrew Osterland
Yahoo! Finance (March 7, 2016 6:59 am) -- How do you get deadbeat brokers and the firms that employ them to pay what they owe to investors?The Financial Industry Regulatory Authority is open to…
Wronged investors win cases over brokers but never collect, by Andrew Osterland, special to CNBC.com
CNBC.com (March 7, 2016 6:59 am) -- How do you get deadbeat brokers and the firms that employ them to pay what they owe to investors?The Financial Industry Regulatory Authority is open to suggestions…