All posts by Jill Gross

SEC Seeks Public Comment on Two FINRA Dispute Resolution Rule Proposals

March 4, 2012 Jill Gross 1 Comment

The SEC has published two requests for public comment on proposals to amend two separate FINRA Dispute Resolution procedural rules. The SEC’s first request for comment on a FINRA rule change proposal to raise the monetary threshold for Simplified Arbitration cases from $25,000 to $50,000. See the Federal Register Notice here. Comments are due by … Continue reading SEC Seeks Public Comment on Two FINRA Dispute Resolution Rule Proposals →

Harvard Negotiation Law Review Symposium on ADR Effectiveness

February 20, 2012 Jill Gross 1 Comment

On Saturday, Feb. 25, the Harvard Negotiation Law Review is sponsoring a symposium entitled “Does ADR Work? Evaluating the Effectiveness of Alternative Dispute Resolution.” Here is the symposium announcement: Saturday, February 25th Check-in at 9:30 AM • Reception to Follow at 5:00 PM 1515 Massachusetts Avenue • Cambridge, MA 02138 • Austin Hall, North Classroom Keynote … Continue reading Harvard Negotiation Law Review Symposium on ADR Effectiveness →

Penn State Law Symposium on AT&T Mobility

February 20, 2012 Jill Gross 1 Comment

On Wednesday, Feb. 22, Penn State Law will host a symposium entitled “U.S. Arbitration Law in the wake of AT&T Mobility v. Concepcion.” Here is the announcement: The 2011 Supreme Court decision in AT&T Mobility v. Concepcion last year has potentially changed the legal landscape in a number of areas including class actions and arbitration … Continue reading Penn State Law Symposium on AT&T Mobility →

LEAPSing at your Law School

February 6, 2012 Jill Gross 1 Comment

As you may know, a task force of the ABA Section of Dispute Resolution’s Law Schools Committee has been working on the Legal Education, ADR, and Problem Solving (LEAPS) Project for almost two years. (I am a member of that Task Force and on the Executive Committee.) Our goal has been to increase the instruction … Continue reading LEAPSing at your Law School →

Schwab’s Complaint Against FINRA

February 4, 2012 Jill Gross 3 Comments

Yesterday I mentioned that I heard Schwab sued FINRA in federal court for declaratory relief regarding the validity of its class action waiver in the arbitration clause of its customer agreement. Schwab claims that the FAA and the Supreme Court’s decisions in AT&T Mobility and CompuCredit trump FINRA’s rules. You can download the complaint, filed … Continue reading Schwab’s Complaint Against FINRA →

Schwab countersues FINRA

February 2, 2012 Jill Gross 4 Comments

Yesterday I reported on FINRA’s enforcement action against Charles Schwab for inserting a class action waiver in its customer PDAAs. Today I hear that Schwab filed an action in federal court seeking a declaratory judgment that it’s class action waiver is lawful. Schwab offered to pay its customers’ arbitration filing fees pending the outcome of … Continue reading Schwab countersues FINRA →

FINRA Brings Enforcement Action Against Charles Schwab For Class Action Waiver in its Customer Agreement

February 1, 2012 Jill Gross 2 Comments

In a very interesting development with implications for the fate of class action waivers in the securities dispute context, FINRA Enforcement filed a complaint today against broker-dealer and FINRA member Charles Schwab for including a class action waiver in its customer agreement. Schwab had amended its customer agreement to include the class action waiver in October … Continue reading FINRA Brings Enforcement Action Against Charles Schwab For Class Action Waiver in its Customer Agreement →

New Dispute Resolution Center for Complex Financial Transactions Opens in The Hague

January 20, 2012 Jill Gross 1 Comment

From the Global Arbitration Review (1/16/12): “The world’s first specialist centre to resolve disputes arising from complex financial transactions has opened in The Hague. PRIME Finance – the Panel for Recognised International Market Experts – was declared open for business today by the Dutch minister of finance, Jan Kees de Jager. It will draw on … Continue reading New Dispute Resolution Center for Complex Financial Transactions Opens in The Hague →

Institute for Transnational Arbitration: First Annual Winter Forum in San Francisco – February 1-2, 2012

January 19, 2012 Jill Gross

I am pleased to share this invitation from Susan Franck (Wash. & Lee): I wish to draw your attention to the Institute for Transnational Arbitration (ITA) and its First Annual Winter Forum in San Francisco. It is the first event of its kind that is designed to drawn together the synergies of serious scholars of … Continue reading Institute for Transnational Arbitration: First Annual Winter Forum in San Francisco – February 1-2, 2012 →

SEC Publishes for Comment Proposal to Exempt Collective Actions from FINRA Arbitration

January 15, 2012 Jill Gross 3 Comments

In a Federal Register notice issued last week, the SEC published for public comment a proposal to amend Rule 13201 of the FINRA Code of Arbitration Procedure for Industry Disputes to expressly preclude employees of FINRA members from arbitrating collective actions arising under the Fair Labor Standards Act, the Age Discrimination in Employment Act or the Equal … Continue reading SEC Publishes for Comment Proposal to Exempt Collective Actions from FINRA Arbitration →