Magical Mystery Tour Of A FINRA Arbitration Expungement Award (BrokeAndBroker.com Blog)
Bill Singer
A critic of the inept and incompetent, and an advocate for economic and political sanity. It's a lonely journey but I walk it. Wall Street legal, regulatory, and compliance veteran since 1982.
Magical Mystery Tour Of A FINRA Arbitration Expungement Award?(BrokeAndBroker.com Blog)
https://www.brokeandbroker.com/6772/finra-arbitration-jpm/
I like a good mystery. I just don't like a mystery in the form of a FINRA Arbitration Award. As I see it, a public, published, FINRA Arbitration Award owes the litigants some clarity as to what was found by the arbitrators and how they calculated the awarded damages, fees, and costs. Frankly, that's not asking much. Unfortunately, when you read many FINRA Arbitration Awards, things often don't add up. In a recent Award, it's almost impossible to understand what did or didn't happen and how the arbitrators calculated the final award of damages. In the end, we're taken a magical mystery tour to nowhere, and have no idea how we got there.?