FINRA has distributed a recording from a neutral workshop on expungement. It was enlightening and only reinforced the fact that it is very difficult for anyone to obtain an expungement.
Continue Reading Interesting Guidance from FINRA on Expungements
This is the last in our series on the FINRA expungement process, and, unfortunately, the future looks grim.
Not only has FINRA made it nearly impossible (in an obvious attempt
Continue Reading FINRA’s Customer Dispute Expungement Regime: The Future Is Dark and Foreboding
This is our second blog on the vanishing FINRA expungement process.
FINRA identifies specific grounds for expungement in FINRA Rule 2080. Rule 2080(b)(1) provided three specific grounds for expungement relief:
Continue Reading FINRA’S Customer Dispute Expungement Regime: The Expungement Process
Over the past 20 years, FINRA has made it nearly impossible for brokers to expunge customer complaints and dispute information from their public records. Over the next three blogs, we
Continue Reading FINRA’s Customer Dispute Expungement Regime: The Central Registration Depository and FINRA BrokerCheck
Although songs and Broadway musicals routinely call upon “memories” as inspiration, it usually is not the province for decisions in FINRA arbitrations. However, we were treated to a memory lesson
Continue Reading Memories Are Not Only for Songs and Broadway But also FINRA Expungements
Most FINRA arbitration awards are unanimous. However, once in a while, we have an interesting set of facts that results in a dissent, and, in the almost unheard of cases,
Continue Reading A Unique Dissent in a FINRA Arbitration Award Elicits Controversy Over FINRA’s Expungement Policy
FINRA proposed a rule to bar brokers and their firms from requiring customers to consent to the removal of a dispute from the Central Registration Depository as a condition of
Continue Reading FINRA Bans Settled CRD Expungements
FINRA recently put into place the highly publicized prohibition of making a settlement contingent upon a registered representative having the subject arbitration expunged from the representatives U-4. Is this a
Continue Reading Expunge Me, No Expunge You
The U.S. District Court for the Central District of California remanded to a California state court a stockbroker’s lawsuit against the Financial Industry Regulatory Authority for expungement of certain allegedly
Continue Reading Court Remands Dispute Over Expungement of CRD Data
Expungement relief was granted in a very high percentage of arbitration cases filed by investors against broker-dealers, particularly those that were resolved by settlement or stipulated awards.
FINRA panels granted
Continue Reading FINRA ARBITRATION SETTLEMENTS HAVE A LOT OF EXPUNGEMENTS