Stockmarketloss Team Member Hugh Berkson Quoted in National Press Regarding FINRA’s Biased Arbitrator Pool

An article in Barron’s last week entitled “The Street’s Due-Process Joke” reports that investors who sue their brokers must accept an arbitration process run by officials appointed in an inscrutable manner. The author describes FINRA as a “a secretive, combative, industry-controlled, self-regulatory organization” and notes that some accuse FINRA of having a biased arbitrator pool selected through a secretive process. Our partner Hugh Berkson, Executive VP and President-Elect of the Public Investors Arbitration Bar Association, is quoted in the article.