FINRA will release 2022 data early next year, but we can be sure that the precipitous fall of the market indexes is directly correlated to the number of investor complaints.
Expungement Week 2022
AdvisorLaw has dominated the FINRA arbitration environment since being branded the “800-pound gorilla.” We’ve successfully completed more advisor-initiated expungements than the rest of the industry combined. Over the past seven years, our efforts have resulted in the removal of more than 2,100 unjustified disclosures from the CRD, BrokerCheck, IARD, and IAPD records of financial professionals. This year, Doc Kennedy, MBA, …
Maine Advisor Achieves Removal Of Firm-Opposed Termination
An advisor in Maine who began his financial-services career nearly 20 years ago was terminated in 2019 — after nearly a decade with the firm. The advisor hired AdvisorLaw to take his one shot at achieving expungement of the disclosure through FINRA Dispute Resolution.
What Constitutes a Breach of Fiduciary Duty — Four Elements
When one party is entrusted with the care of funds or property and must act on behalf of another, a fiduciary duty is created. As the former party is obligated to act in good faith and in the best interest of the latter party, for their benefit, the former party becomes a fiduciary.
Expungement Week 2021
Since being dubbed the “800-pound gorilla,” AdvisorLaw has absolutely dominated the FINRA arbitration landscape. We are responsible for more advisor-initiated expungements than the rest of the entire industry, combined. Over the last six years, we’ve expunged more than 1,800 meritless disclosures from financial professionals’ CRD, BrokerCheck, and IAPD records. Around this time last year, AdvisorLaw was able to use National Expungement Week as a springboard to help …
Never Settle for Firm Representation During FINRA Arbitration
You have recently been named as a respondent in a FINRA arbitration filed by a customer against you and your firm. What should you do? The answer is simple: hire your own attorney. You might believe that you can get by without your own representation. After all, being represented by the firm’s attorney is less expensive, and the firm appears to be on your side. While that could be true, an inherent conflict exists that’s not always clear, and it boils down to how FINRA’s customer complaint reporting requirements differ for advisors, versus broker-dealers.