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  The End of Mandatory Arbitration?

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Author Topic:   The End of Mandatory Arbitration?
Mark Astarita
Administrator
posted 10-27-2007 03:05 AM     Click Here to See the Profile for Mark Astarita   Edit/Delete Message   Reply To & Quote Message         
Congress is once again seeking to end mandatory arbitration in all contexts - unless of course you are a broker or a brokerage firm.

This will set up the situation where customers are able to decide whether to arbitrate a dispute, and brokers and firms will have no choice.

Of course, this goes against the basic concept of arbitration, where all parties have the right to decide whether to arbitrate a dispute or not.

The SIFMA has put together a complete analysis of the issue.
http://seclaw.blogspot.com/2007/10/opponents-of-predispute-arbitration.html

[This message has been edited by Mark Astarita (edited 10-27-2007).]

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fred333
Long Time User
posted 01-29-2008 05:09 AM     Click Here to See the Profile for fred333   Edit/Delete Message   Reply To & Quote Message         
So what was the end result?

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Newbie Here!

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Mark Astarita
Administrator
posted 04-08-2008 03:11 AM     Click Here to See the Profile for Mark Astarita   Edit/Delete Message   Reply To & Quote Message         
No end result yet.

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-Mark Astarita
Beam & Astarita, LLC
This message is general information only, and is not intended as legal advice. Do not rely upon this message without speaking to an attorney.


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This is a general discussion forum, and information posted here is not legal advice. The law varies from state to state, and with different factual situations. Be sure to discuss legal matters with an attorney retained by you before making a legal decision.