FINRA Reminds Broker-Dealer Firms of Their Duty to Arbitrate
Last Friday, FINRA issued Regulatory Notice 16-25 reminding member firms that, under FINRA Rules 12200 and 13200, they have a regulatory duty to arbitrate at the request of a customer (account-related disputes) or an associated person (employment disputes). The Notice cited a number of recent circuit court decisions holding that a forum selection clause in … Continue reading FINRA Reminds Broker-Dealer Firms of Their Duty to Arbitrate