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In the Media
Law360 (March 16, 2018) -- A Fifth Circuit ruling vacating the U.S. Department of Labor’s fiduciary rule for retirement account advisers has created confusion across a broad swath of the U.S.…
Financial Advisor (March 8, 2018) -- The Public Investors Arbitration Bar Association (PIABA) used a press conference Wednesday to call on Finra to create an “investor recovery pool” that would use…
Financial Advisor IQ (March 8, 2019) -- Sen. Elizabeth Warren, D-Mass., wants to make Finra liable for unpaid arbitration awards, ThinkAdvisor writes.
The senator’s Compensation for Cheated Investors…
Barron's (March 8, 2018) -- Here’s a good example of an investor who won an arbitration case against his advisor, only to get stiffed. It’s part of a huge problem that legislation from Sen. Elizabeth…
InvestmentNews (March 8, 2018) -- SEC says Merrill missed 'red flags' while selling millions of shares
Bank of America Merrill Lynch has reached a settlement agreement with the Securities and…
FinancialPlanning (March 7, 2018) -- Investor advocates and one of their leading voices in Congress are upping pressure on FINRA to ensure that bilked investors are paid the compensation they were…
ThinkAdviser (March 7, 2018) -- Former NFL player Bruce Wilkerson would finally receive the $610,000 arbitration award he was granted in 2015 if legislation introduced Tuesday by Sen. Elizabeth…
InvestmentNews (March 7, 2018) -- Lawyers group calls on broker regulator to set up fund to compensate investors
Lawyers representing customers in Finra arbitration released a report Wednesday…
PR Newswire (March 7, 2018) -- "The Problem is Not Solving Itself" and FINRA Discussions Seen as Inadequate; NFL Player Is Typical of Individuals Losing Life Savings, Getting $0 of Awarded Funds.…
InvestmentNews (March 6, 2018) -- Legislation directs the regulator to use fines to establish a pool of money to cover shortfalls
Sen. Elizabeth Warren, D-Mass., introduced legislation Tuesday that…