This new, temporary, section covers Coronavirus-related legislative, regulatory, legal, and scheduling developments impacting the financial and arbitration fields. We will discontinue this temporary feature when the pandemic passes – hopefully soon.
A 133-member coalition of national and state consumer and investor rights advocates has written to the SEC urging that it not permit arbitration or class action waivers of IPO disputes.
Last week, we analyzed the cases involving business and securities arbitration decided by Supreme Court nominee, Judge Brett M. Kavanaugh of the District of Columbia Circuit.
FINRA and the SEC have both responded to letters sent in March by Senator Elizabeth Warren and two others seeking data and other information on sexual harassment in the financial sector.
The SEC’s Office of the Investor Advocate and the Commission’s Ombudsman have submitted a somewhat belated comment on FINRA’s proposed amendments to the expungement procedures,