FINRA Expands All-Public Arbitration Panels Program

Law360, New York (October 6, 2009, 4:31 PM EDT) -- As the Financial Industry Regulatory Authority's two-year arbitration pilot program concludes its first year, the agency has expanded the program to include more broker-dealers and additional opportunities for investors to present their claims in front of an arbitration panel with no industry-affiliated members.

The securities regulator announced Monday that it would add three new broker-dealers to its 11 current participants and increase the number of eligible cases nearly 50 percent from 276 cases to 411.

Chase Investment Services, Oppenheimer & Co. and Raymond James Financial Services...
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