PIABA Newsroom

AMICUS BRIEF: Oppenheimer & Co. Inc., Plaintiff-Appellant vs. Louis Pitch and Donna Pitch, Defendants-Respondents, Notice of Motion Requesting Leave to File Brief as Amicus Curiae (May 21, 2015)
PRESS RELEASE: Labor Department Rule to Curb Conflicted Advice by Brokers is Huge Step Forward to Protect Financial Consumers (April 14, 2015)
PRESS RELEASE: PIABA Hails New Progress Toward “One Stop Shopping” for Background Checks on Financial Professionals (April 9, 2015)
OPED: Why Brokers Should Be Required To Live Up To What Their TV Ads Tell Investors by Joseph C. Peiffer, appearing in The Hill (March 27, 2015)
Subscribe to PIABA Newsroom

In the Media

Brokers' Records Wiped Clean Too Often, by Megan Leonhardt
The Rulebook (WealthManagement Oct 21, 2015) -- Too many advisors are still getting their records wiped clean, according to a new report from the Public Investors Arbitration Bar Association. The…
PIABA Report: Data Show That FINRA Efforts To Slow Expungement Of Broker Misconduct Has Failed Expungement Still Granted in Roughly Nine out of 10 Cases Where It is Sought; Independent National Review by FINRA of Expungement Requests Urged
IADWeek (Bloomberg October 20, 2015 11:30 pm) -- Despite steps taken by FINRA to curb abuses, brokers seeking to expunge misconduct from their records continued to get such relief in roughly nine out…
Too Many Black Marks Removed From Brokers’ Records, Group Says, by Anna Prior
Lawyers who represent investors say records are wiped clean too oftenThe Wall Street Journal (October 20, 2015 2:55 pm) -- Lawyers who represent investors in cases against the securities industry on…
Finra efforts fail to reduce brokers' record-cleansing: PIABA, by Mark Schoeff Jr.
Between 2012-14, expungement was granted in 87.8% of cases in which it was sought, according to the Public Investors Arbitration Bar Association InvestmentNews (Oct 20, 2015 11:18 am) -- Finra's…
Finra efforts fail to reduce brokers’ record-cleansing: PIABA
theinvestorzone (Investment News October 20, 2015) -- Finra’s efforts to limit brokers’ ability to clear their records of alleged misconduct have failed to reduce the number of times it occurs,…
Finra Continues To Hide Broker Dispute Settlements, Watchdog Says, by Ted Knutson
Financial Advisor (October 20, 2015 -- Finra is still agreeing to  requests by brokers to hide their customer dispute settlements over 90 percent of the time, despite the self-regulator's promise to…
Arbitration Attorneys: Retirement Adviser Commercials Can Mislead Clients by Gwen Moritz
arkansasbusiness.com (September 28, 2015 11:00 pm) -- Ethel Sprouse, a real estate appraiser and former mayor of Cedar Bluff, Alabama, has become the poster child — or, rather, the poster senior…
New Fiduciary Rules Will Help Ensure Your Investments Are Not Compromised, by Mark Henricks
MainStreet (September 25, 2015 11:23 am) — A new fiduciary rule proposed by the Department of Labor would tighten rules on brokers who work with millions of Americans’ retirement accounts. The change…
The Broker Is Dead! Long Live the New Fiduciary Broker! by Mark Henricks
TheStreet (NEW YORK MainStreet) (September 25, 2015 08:31 am) — A new fiduciary rule proposed by the Department of Labor would tighten rules on brokers who work with millions of Americans’ retirement…
The Broker Is Dead! Long Live the New Fiduciary Broker! by Mark Henricks
DailyFinance.com (September 25, 2015 4:00 am) -- A new fiduciary rule proposed by the Department of Labor would tighten rules on brokers who work with millions of Americans’ retirement accounts. The…