What types of legal issues can be addressed through securities arbitration?
Securities arbitration is a form of legal dispute resolution between two or more parties involving stocks, bonds, stocks options, or other securities. It is often used by people when they feel they have been wronged in a financial matter. In Texas, it is overseen by the Financial Industry Regulatory Authority (FINRA). Securities arbitration can address a variety of legal issues. These can include allegations of breach of fiduciary duty, negligence, misrepresentation, deception, fraud, or mismanagement of investments. Disputes involving stockbrokers or financial advisors, broker-dealers, or firms can be addressed through securities arbitration. It can also address issues related to the accuracy and completeness of financial statements or a misrepresentation of the financial condition of a company. In addition, securities arbitration can address issues related to the sale and purchase of securities. This includes disputes regarding the purchase or sale of the wrong security, failure to execute an order correctly, or overcharging for a trade. Furthermore, disputes involving the registration, licensing, or qualification of securities can be handled through securities arbitration. Securities arbitration is often a quicker and more cost-effective way to resolve legal issues. It is also a confidential process that does not require the parties involved to go to court. As such, it can be a useful tool for both investors and financial institutions to resolve disputes without the time and expense of litigation.
Related FAQs
What is the process of enforcing a securities arbitration award?Are there any special rules for bringing class action claims in securities arbitration?
Who has the burden of proof in a securities arbitration hearing?
What is the role of the FINRA arbitration department?
How do arbitration fees for securities arbitration cases compare with those of traditional litigation?
Is there a procedure for appealing a securities arbitration ruling?
Is it possible to settle a securities arbitration claim before a hearing is held?
What is the effect of the statute of frauds on a securities arbitration award?
How are the costs of securities arbitration disputes divided?
Is a securities arbitration decision binding in other jurisdictions?
Related Blog Posts
A Guide to Understanding Securities Arbitration Law - July 31, 2023Navigating Your Securities Arbitration Case: Step-by-Step Guide for Investors - August 7, 2023
Securities Arbitration: How to Make the Most of Your Claim - August 14, 2023
Securities Arbitration 101: Understanding the Basics of Investor Claims - August 21, 2023
Explaining the Role of Arbitrators in the Securities Arbitration Process - August 28, 2023