UNLOCK THE POWER OF THE VAULT

Finra approves larger public arbitrator list for cases

May 11, 2016

The board agreed to modest reforms to its arbitration system based on recommendations by a special task force set up to examine it

May 9, 2016 @ 2:33 pm | By Mark Schoeff Jr. | Investment News

Finra last week made modest reforms to its arbitration system that would expand the list of public arbitrators who could be selected for each case and enable attorneys to chair dispute panels.

The changes were approved by the board of the Financial Industry Regulatory Authority Inc. last week and posted on its website Friday.

As a result of the rule changes, Finra would increase the number of public arbitrators from 10 to 15 on the list from which dispute participants can choose and attorneys can chair after having participated in one rather than two arbitration cases.

Article Located Here

Go Back
Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

Our firm has been using Blue Vault from the first year it was available.

We have found it to be a valuable tool to verify what wholesalers tell us and to dig deep into how the reported investments are really performing.

We appreciate that Blue Vault has expanded its services from initially covering REIT's to now also including BDC's.

Our clients also appreciate that we conduct this additional due diligence on their behalf.