Posted by on Oct 4, 2017 in Uncategorized |

Failing to Pay a FINRA Arbitration Award The Good The Bad and The Ugly

Ethan A. Brecher writes in The New York Law Journal: The consequences to a Financial Industry Regulatory Authority registered representative for not paying an adverse arbitration award can be career-threatening, yet non-payment of arbitration awards is a significant on-going problem for FINRA. Thus, at its July Board of Governors meeting, FINRA’s Board authorized new rules to remedy the problem.