Journal Article

Arbitration in the United States under the Financial Industry Regulatory Authority

Mark R. Joelson

in Arbitration International

Published on behalf of The London Court of International Arbitration

Volume 31, issue 3, pages 465-472
Published in print September 2015 | ISSN: 0957-0411
Published online May 2015 | e-ISSN: 1875-8398 | DOI: https://dx.doi.org/10.1093/arbint/aiv009
Arbitration in the United States under the Financial Industry Regulatory Authority

More Like This

Show all results sharing these subjects:

  • Arbitration
  • Company and Commercial Law
  • Competition Law
  • Employment and Labour Law
  • Settlement of Disputes

GO

Show Summary Details

Preview

Particularly in times of economic stress, purchasers of securities in the United States seek redress against brokers and their employers who may have violated the applicable investment and trading rules. An independent organization called the Financial Industry Regulatory Authority (FINRA) operates under the supervision of the Securities and Exchange Commission to take necessary disciplinary actions, as well as to oversee an arbitration system for the resolution of financial industry disputes. This article examines the working of that arbitration system, including the elements that FINRA has introduced, which differ from those usually employed in commercial arbitration.

Key References

1New York Stock Exchange Arbitration Rules (2003), Rule 600 2Rodriguez de Quijas v Shearson/American Express, Inc, US Supreme Court (1989)3Patrick Murray v Citigroup Global Markets, Inc, US Court of Appeals (6th Cir) (2013) FINRA (Financial Industry Regulatory Authority) Rules (2008), Rules 2010, 21114FINRA (Financial Industry Regulatory Authority) Code of Arbitration Procedure (Customer Code) (as amended 2014)5FINRA (Financial Industry Regulatory Authority) Discovery Guide (2013)6FINRA (Financial Industry Regulatory Authority) Document Production Lists (2013)

Journal Article.  3359 words. 

Subjects: Arbitration ; Company and Commercial Law ; Competition Law ; Employment and Labour Law ; Settlement of Disputes

Full text: subscription required

How to subscribe Recommend to my Librarian

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content. subscribe or login to access all content.