Added Pressure on SEC to Eliminate Mandatory Securities Arbitration
In the wake of a FINRA disciplinary hearing panel decision not to enforce its own rules against broker-dealer Charles Schwab barring class action waivers in customer-broker account agreements because of the Federal Arbitration Act (see my previous blog posts about that decision here and here), investor rights advocates have stepped up their efforts to press the Securities … Continue reading Added Pressure on SEC to Eliminate Mandatory Securities Arbitration