FINRA Arbitrations: A Comprehensive Guide for 2018 and Beyond
In December 2017, the Financial Industry Regulatory Authority (FINRA) issued a proposal that will revamp and strengthen expungement rules. Proposed changes include adjustments to the timeframe of filing expungement requests and the mandated unanimous consent of a FINRA arbitration panel to grant expungement. Brokers, however, are opposing to the proposed changes.
Our panel of key thought leaders and practitioners will offer a discussion of the fundamentals and updates regarding these proposed changes as well as other developments concerning significant issues surrounding FINRA Arbitrations. This LIVE Webcast aims to help you to avoid common pitfalls and risk issues in the evolving climate of FINRA forum.
Key topics include:
- Best Practices
- The Customer Code and Proposed Changes
- Arbitrator Selection and Discovery
- Drafting an Effective Answer
- Motions to Dismiss under Rule 12504
- Vacating an Arbitration Award
- Standards of Conduct (DOL Fiduciary vs Regulation Best Interest)
- FINRA focus on Senior investors
- Securities Product & Controversy Claims
- Supervision and High Risk Brokers
- Revised Sanctions Guidelines
- Unpaid Arbitration Awards
Tracey Salmon-Smith, Partner
Drinker Biddle & Reath LLP
- Defending Respondents in Retail Customer Claims Before FINRA
- Best Practices – The Customer Code, The Process, Arbitrator Selection, Discovery and the Evidentiary Hearing
Meredith Lees, Partner
Rumberger Kirk & Caldwell
- Drafting an Effective Answer to the Statement of Claim
- Limited Grounds Contained in FINRA Rule 12504 for Motions to Dismiss
- Vacating an Arbitration Award
Clint A. Corrie, Partner
Lewis Brisbois Bisgaard & Smith LLP
- Status of SEC’s Best Interest proposal vs DOL Fiduciary Rule
- FINRA focus on Senior Investors
- FINRA CASE FILING/DISPOSTION STATISTICS
- Product Claims
- Types of Claims
Debra A. Jenks, Attorney
Jenks & Harvey LLP
- FINRA’s Focus on Supervision and High Risk Brokers – Impact on Arbitrations
- FINRA’s Focus on Unpaid Arbitration Awards
- Proposed Federal Unpaid FINRA Awards Fund Bill
- FINRA Awards and Insurance
- Changes to the FINRA Code of Arbitration Procedure
- FINRA Portal – Use it or Else
Who Should Attend:
- Financial Crime Attorneys & Consultants
- Finance Lawyers
- Corporate Governance Attorneys
- Banking & Finance Attorneys
- Investment Attorneys
- M&A Attorneys
- Securities Attorneys
- Financial Executives & Officers
- Bank and Financial Executives
- Legal and Compliance Executives
- Other related & Interested Professionals
Ms. Jenks has over 30 years of legal experience representing financial institutions, wirehouses, independent broker-dealers, insured broker-dealers, investment professionals, officers and directors, and financial advisers in retail, industry, and employment disputes as well as in compliance and regulatory matters. She defends registered persons and entities in regulatory matters. She has represented retail and institutional investors in securities matters and arbitration.
Ms. Jenks has over 30 years of legal experience representing financial institutions, wirehouses, independent broker-dealers, insured broker-dealers, investment professionals, officers …
Meredith Jowers Lees focuses her practice on commercial litigation, with extensive experience in securities and financial litigation. She has represented broker-dealers, including clearing brokers, in state and federal court and in FINRA arbitration in a wide variety of disputes including customer claims, employment disputes, member-to-member claims, fraud claims, suitability claims, churning claims, and trust-related claims.
Meredith Jowers Lees focuses her practice on commercial litigation, with extensive experience in securities and financial litigation. She has represented …
Tracey Salmon-Smith is a partner at Drinker Biddle & Reath LLP. She assists clients in commercial disputes, employment litigation, securities law, and internal investigations. In the securities space, Ms. Salmon-Smith represents broker-dealers before the Financial Industry Regulatory Authority (FINRA) in arbitrations and mediations related to allegations of fraud, misrepresentation and unsuitability. She also handles expungement proceedings. As an employment litigator, Tracey has defended corporate clients against claims related to age, race and gender discrimination, workplace sexual harassment, whistleblowers, and wrongful discharge. She also advises clients on e-discovery and information management issues.
Previously, Ms. Salmon-Smith served as Director and Associate General Counsel at UBS Financial Services Inc., and served seven years as an Assistant United States Attorney for the Eastern District of New York (EDNY). During her time as an assistant U.S. attorney, Tracey served as both the Acting Chief of Environmental Litigation and the Chief of Bankruptcy.
Tracey Salmon-Smith is a partner at Drinker Biddle & Reath LLP. She assists clients in commercial disputes, employment litigation, securities …
Clint A. Corrie is a partner in the Dallas office of Lewis Brisbois. He focuses his practice primarily in complex commercial litigation, with an emphasis on banking, securities litigation, and arbitrations before FINRA panels. He represents broker-dealers, investment advisers, wealth management advisers, hedge funds and private equity firms and their professionals in a wide range of securities matters including sales practices, customer complaints, suitability and supervisory claims, regulatory inquiries, investigations, and FINRA and SEC enforcement proceedings. Mr. Corrie is also experienced in professional liability matters and coverage involving financial institution bonds. He has represented national banks and credit unions in litigation between financial institutions, involving syndicated loans and participations.
Clint A. Corrie is a partner in the Dallas office of Lewis Brisbois. He focuses his practice primarily in complex …
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Method of Presentation:
Experience in FINRA arbitration
NY Category of CLE Credit:
Areas of Professional Practice
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About Jenks & Harvey LLP
Jenks & Harvey LLP is involved in various aspects of securities arbitration and litigation, broker-dealer compliance, regulatory and enforcement defense, registration matters, and representation of registered persons in retail and employment matters.
About Rumberger Kirk & Caldwell
Rumberger, Kirk & Caldwell provides litigation and counseling services in a wide range of civil practice areas including product liability, commercial litigation, construction, real estate, intellectual property litigation, securities litigation, labor and employment law, bankruptcy, insurance coverage, professional liability and administrative law. Offices are located in Orlando, Tampa, Miami, Tallahassee and Birmingham, Alabama.
The firm’s securities and financial services litigation practice focuses on representing regulated entities – including broker-dealers, investment advisers, underwriters, and investment fund entities – in a wide variety of securities-related litigation, FINRA arbitrations, regulatory investigations and actions and administrative proceedings. In addition, Rumberger's securities and financial services litigation practice group also represents public and private companies, including their directors and executive officers, in a wide variety of securities related cases.
About Drinker Biddle & Reath LLP
Drinker Biddle & Reath LLP is a national, full-service law firm providing litigation, regulatory and business solutions to public and private corporations, multinational Fortune 100 companies and start-ups. Building on a rich 168-year history, our more than 635 lawyers across 12 offices uphold our firm’s reputation for outstanding legal results and bring a sophisticated, forward-thinking approach to every client engagement. We draw upon a wealth of experience to assist clients in the financial services industry - including broker-dealers, investment banks, private banks, commercial lenders, private equity firms and asset managers - in staying ahead of today’s ever-changing economic and regulatory environments. Our attorneys defend clients in litigations, arbitration, regulatory investigations and represent them in mediation. In addition, we guide clients in navigating the maze of state and federal compliance requirements.
About Lewis Brisbois Bisgaard & Smith LLP
Founded In 1979 by seven lawyers from a premier Los Angeles firm, less than 40 years later, Lewis Brisbois Bisgaard & Smith LLP (Lewis Brisbois), an AMLAW 100 firm, has grown to more than 1,200 attorneys in 42 offices in 26 states, and dedicates itself to a high-achieving and diverse law firm culture focused on client service in more than 50 legal practice areas for clients of all sizes in every major industry. Lewis Brisbois has built longstanding relationships with corporate and institutional clients based on our ability to provide comprehensive service on a national scale.