Articles Posted in FINRA

FINRA arbitrations are decided by a Panel of three arbitrators, one of whom is the Chair.  The Chair is more than just 1/3 of a FINRA litigant’s judge, jury, and executioner.  The Chair has an outsized role, authority, and gravitas with the other two panelists. To serve as the Chair for a FINRA arbitration, an…

Financial Advisors rightly seek legal help in navigating the departure from their current Firm, whether Protocol or non-Protocol, about solicitation, compensation / Notes, and U5 issues.  It is shocking, however, how unfocused Financial Advisors are about the finer deal points (i.e., other than the financials – frontends/backends) and legalese for the new Firm.  Often, Financial…