State can intervene, object when broker seeks to expunge claim from record 

Posted: 1:00 am Mon, July 21, 2008
By admin

Saying stockbrokers should be barred from hiding their mistakes, Attorney General Douglas F. Gansler lauded a federal appeals court for allowing state regulators to intervene in malpractice settlements in an attempt to make sure the action stays on the broker’s national record. But the outcome was decried by an attorney for the former broker who lost ...