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High-court ruling on 401(k) may open floodgates of litigationLast week's U.S. Supreme Court decision to allow individual participants to sue 401(k) plan administrators will put further pressure on…
Fuss Over Broker Expungement Continues, by Kristen Frenchwealthmangement.com (January 29, 2008) -- Apparently, some people still think it’s far too easy for brokers to wipe their records clean,…
Brokers are unnamed in lawsuits all the time, observers sayInvestment News (January 14, 2008 - 11:01 pm) -- The Financial Industry Regulatory Association encourages investors to check on the…
They're often tougher on bad actors than public panelists are, they sayInvestment News (October 22, 2007 11:01 pm) -- Industry arbitrators say the claims raised by some that they're biased against…
Bloomberg (September 27, 2007 4:52 pm) -- Morgan Stanley, the second-largest securities firm, will pay $12.5 million to settle regulatory claims it wrongly withheld e-mails in arbitration cases by…
Reuters (June 7, 2007 6:42 pm) -- Investors have their ups and downs in the market, but when it comes to resolving disputes with Wall Street brokers, they seldom win, according to a critical study to…
Wall Street Journal (May 16, 2007 11:01 pm) -- Legislative momentum may be building for a change in the way investors can resolve disputes with their brokers.Last week, three U.S. senators spoke out…
The New York Times (December 20, 2006) -- The NASD, the nation’s largest self-regulatory organization for the securities industry, accused Morgan Stanley yesterday of routinely failing to provide e-…
Bloomberg (December 1, 2006) -- The Wall Street crowd is giddier than a 10-year-old with a PlayStation 3 over news that the NASD and the New York Stock Exchange will be merging their regulatory units…
The New York Times (November 29, 2006) -- WASHINGTON, Nov. 28 — The New York Stock Exchange and NASD announced plans on Tuesday to merge their regulatory organizations and eliminate duplicative and…