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.

The SEC prevailed much more often in cases heard by SEC-appointed administrative law judges than in cases that went to federal court.

Read the full article from Bloomberg.

Read 1527 times
Rate this item
(0 votes)

Visit other PMG Sites:

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.