Opinions 2/21/13: 4th U.S. Circuit Court of Appeals

Civil Procedure Arbitration under FINRA  BOTTOM LINE: A FINRA rule that allows “customers” of financial institutions to invoke mandatory arbitration did not cover individuals who purchased bonds indirectly, through a third-party broker, rather than directly from the financial institution during an initial public offering; the individuals were not “customers” of the financial institution because they did not ...

Leave a Reply

Your email address will not be published. Required fields are marked *