The SEC prevailed much more often in cases heard by SEC-appointed administrative law judges than in cases that went to federal court.
Estimated reading time: 0 minutes, 19 seconds
Current System for Wall Street Disputes Favors SEC
As a result of mandatory-arbitration agreements, most anyone who works on Wall Street or invests through a brokerage firm agrees to settle disputes through mandatory arbitration, and the process creates a home-field advantage for prosecutors. So reports Bloomberg.
Most Read
-
-
Apr 07 2013
-
Written by PLP News
In a sensational case that has reportedly “grabbed the attention…
-
-
-
Mar 31 2013
-
Written by PLP News
A DLA Piper associate’s e-mail stating “that bill shall know…
-
-
-
Jan 26 2014
-
Written by PLP News
A 55-year-old attorney at White & Case, who recently filed…
-
-
-
Mar 31 2013
-
Written by PLP News
YouTube headquarters in San Bruno, California. (Photo credit: Wikipedia) A…
-