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