{"id":4414,"date":"2007-05-11T01:05:52","date_gmt":"2007-05-11T01:05:52","guid":{"rendered":"https:\/\/www.stockbrokerfraudblog.com\/2007\/05\/us_senators_push_for_the_end_o"},"modified":"2022-03-25T14:32:55","modified_gmt":"2022-03-25T19:32:55","slug":"us-senators-push-for-the-end-o","status":"publish","type":"post","link":"https:\/\/www.investorlawyers.com\/blog\/us-senators-push-for-the-end-o\/","title":{"rendered":"U.S. Senators Push For The End of Mandatory Arbitrations"},"content":{"rendered":"

\t\t\t\tU.S. Senator Robert Casey of Pennsylvania has joined the efforts of two other U.S. Senators, and others, to persuade the SEC to lift the requirement mandating arbitration when there is a security dispute. Senator Casey expressed his opinion earlier this week at the yearly public policy conference hosted by the North American Securities Administrators Association Inc. (NASAA) of Washington. Mr. Casey said he would use his position as a Banking Committee member to push the SEC on this matter. <\/p>\n

Senator Russ Feingold of Wisconsin and Senator Patrick Leahy of Vermont had written a letter to the SEC just last week requesting that mandatory arbitration in securities disputes be banned. <\/p>\n

Currently, most investors are required to sign agreements mandating that they take their disputes to an NASD-operated arbitration system. NASAA has asked the U.S. Congress to consider letting investors bring their disputes to the courts. <\/p>\n

Continue Reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"

U.S. Senator Robert Casey of Pennsylvania has joined the efforts of two other U.S. Senators, and others, to persuade the SEC to lift the requirement mandating arbitration when there is a security dispute. Senator Casey expressed his opinion earlier this week at the yearly public policy conference hosted by the North American Securities Administrators Association […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[3798],"tags":[],"class_list":["post-4414","post","type-post","status-publish","format-standard","hentry","category-arbitration"],"yoast_head":"\nU.S. Senators Push For The End of Mandatory Arbitrations — Investor Lawyers Blog — May 11, 2007<\/title>\n<meta name=\"description\" content=\"U.S. Senator Robert Casey of Pennsylvania has joined the efforts of two other U.S. Senators, and others, to persuade the SEC to lift the requirement — May 11, 2007\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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