Explained Award: Denied Expungement Reveals Useful Tip About Making Expungement Requests
on

Explained Awards — those that contain the Arbitrator’s reasons for granting or denying the relief requested — are available to parties under FINRA Rules 12904(g) and 13904(g),

...Read More

Post Image
Independent Proceedings for Expungement Relief Must Await the Conclusion of the Merits Proceeding
on

Directly after the first announcement, which came from FINRA-DR officials at the September 27 PLI Seminar, “Securities Arbitration 2017,” the Authority issued an update to its Expanded Expungement Guidance,

...Read More

Post Image
Ex-Broker Has No Continuing Duty to Ex-Customer, Even When They Go Into Business Together: Holmes v. Newman
on

By Jack D. Ballard

A broker’s fiduciary duty to his client in a non-discretionary account is satisfied once he executes a trade and does not give rise to a continuing fiduciary duty that survives the termination of the broker-client relationship.

...Read More

Read Our Recent Blog