securities

Securities Dispute Resolution: Discovery

The discovery process is the phase in which both parties research and investigate the facts and events that gave rise to the claim. During the discovery phase, parties will have access to information that was inaccessible to them before. While the...

Securities Dispute Resolution: Experts

Experts can offer their opinions on a variety of issues such as the management of the account and calculation of profits.

Experts can provide necessary information to support claims made by either the claimant or the respondent. The decision...

Securities Dispute Resolution: Filing a Complaint

Once the decision is made to pursue arbitration, a claimant must prepare a Statement of Claim. This document must be filed with the Financial Industry Regulatory Authority (FINRA). The Statement of Claim sets forth the types of claims being made and...

Securities Dispute Resolution: Hearings

HEARINGS

Arbitration hearings are the equivalent of a courtroom trial, but less formal. During hearings, all the parties meet to hear the case and present supporting evidence. Usually, hearings begin with a brief statement by the panel, followed by...

Securities Dispute Resolution: Prehearing

PREHEARING CONFERENCES

After the panel is appointed, an Initial Prehearing Conference is scheduled. During this prehearing meeting, the panel will set discovery, briefing and motions deadlines, schedule subsequent hearing sessions, and address other...

Securities Dispute Resolution: Response

After the complaining party, or claimant, files a Statement of Claim and pays the required fees, the opposing party, or respondent, is served with the Statement of Claim, and a cover letter explaining the arbitration process and setting a time for...

Securities Dispute Resolution: Selecting Arbitrators

Arbitration Panel Size
An arbitration panel consists of either one or three arbitrators. The Financial Industry Regulatory Authority (FINRA) provides that the number of arbitrators shall depend on the amount in controversy. Where the amount of a...

Securities Exchange Act of 1934

The Securities and Exchange Act of 1934 ("1934 Act," or "Exchange Act") primarily regulates transactions of securities in the secondary market. As such, the 1934 Act typically governs transactions which take place between parties which are...

securities fraud

Securities fraud is the misrepresentation or omission of information to induce investors into trading securities.

Overview

While always actionable under common law fraud, Congress, the Securities and Exchange Commission (...

securities law history

Why Regulate Securities?

The development of federal securities law was spurred by the stock market crash of 1929, and the resulting Great Depression. In the period leading up to the stock market crash, companies issued stock and...

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