Report Finds Conflicts Of Interest Common On FINRA Board
A new report warns that a number of FINRA board members who are supposed to represent investors have deep ties to Wall Street and brokerages which raise conflict of interest…
Tag Archives: Investment Arbitration
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Investor Arbitration Cases Down 14% So Far This Year: FINRA
FINRA reports a significant drop in investment arbitration claims this year, despite an increase throughout 2016.
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UBS Hit with $18M FINRA Verdict Over Puerto Rico Municipal Bonds
UBS has been ordered to pay nearly $19 million to a couple who says the company's mismanagement of its Puerto Rico bond funds cost them millions in damages.
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Investor Arbitration Process Changes May Threaten Neutrality, Fairness: Lawyers
A proposed rule by FINRA to absorb its independent dispute resolution arm is raising concerns that investors may not get a fair chance in arbitration procedures, amid complaints that the…
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Investment Fraud Lawyers Cite “Serious Flaws” in FINRA Arbitration Panels
An attorneys group warns that FINRA's arbitrators lack diversity and transparency into their possible conflicts of interest.
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Merrill Lynch Mutual Fund Charges Draw $100M in Fines, Fees by FINRA
Merrill Lynch will pay out nearly $100 million to make up for overcharging charities and retirement funds for mutual fund sales.
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Puerto Rico Bond Fund Cases to Move Forward, as Arbitrators Found
FINRA has lifted its hold on Puerto Rico bond fund claims, saying it has hired enough arbitrators who are willing to go to Puerto Rico to arbitrate the cases.
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Puerto Rico Bond Arbitration Claims Overwhelming FINRA
FINRA has placed a stay on UBS Puerto Rico bond fund claims, saying it doesn't have enough arbitrators to handle the flood of cases.
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FINRA Investor Arbitration Win Rate Drops to Six Year Low: Report
The number of investors who pursued arbitration claims through FINRA dropped again last year, and the percentage of people who were awarded damages dropped to the lowest level since 2008.
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Arbitration Claims Filed Over UBS Puerto Rico Bond Funds
UBS faces arbitration claims alleging it mislead investors about the safety of Puerto Rico bond funds as the company launches a buyback program to address complaints.
