http://wallstreetpit.com/10885-is-wall-street-on-the-up-and-up Wed, 08 Feb 2012 22:13:42 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://wallstreetpit.com/10885-is-wall-street-on-the-up-and-up#comment-69691 Chris Wanken Thu, 15 Oct 2009 19:50:11 +0000 http://wallstreetpit.com/?p=10885#comment-69691 I am going through an absolute nightmare arbitration claim with FINRA, the Financial Industry Regulatory Authority. Paid for by the industry, for the industry. My hearing has been delayed time and time again. We had an arbitrator who had fraudulent degrees - a MA and PhD from a degree mill. I had to PUSH to get this guy off the panel– FINRA was going to let him stay as the chair — and to the best of my knowledge, he is still a FINRA arbitrator and chair! so, someone else could get him next… the respondent filed a retaliatory lawsuit against me - that was dismissed and he was sanctioned - but i spent tens of thousands of dollars fighting and wasted time with it. Check out my blog, http://www.myfinraclaim.com to read my story. and what is wrong with mandatory arbitration clauses. and FINRA - this is the only place for relief for investors and associated persons. and it is completely industry driven and run. it’s shameful… it’s time for congress to take over finra and have real regulation of the financial services industry… the commercials they are running? a joke. i haven’t been able to get a job in 19 months because of this - and they want me to wait another 4-6 months to get my day in court. Now the arbitrators have issued a gag/confidentiality order that goes against FINRA code and is a potential violation of my first amendment rights. I am going through an absolute nightmare arbitration claim with FINRA, the Financial Industry Regulatory Authority. Paid for by the industry, for the industry. My hearing has been delayed time and time again. We had an arbitrator who had fraudulent degrees – a MA and PhD from a degree mill. I had to PUSH to get this guy off the panel– FINRA was going to let him stay as the chair — and to the best of my knowledge, he is still a FINRA arbitrator and chair! so, someone else could get him next… the respondent filed a retaliatory lawsuit against me – that was dismissed and he was sanctioned – but i spent tens of thousands of dollars fighting and wasted time with it. Check out my blog, http://www.myfinraclaim.com to read my story. and what is wrong with mandatory arbitration clauses. and FINRA – this is the only place for relief for investors and associated persons. and it is completely industry driven and run. it’s shameful… it’s time for congress to take over finra and have real regulation of the financial services industry… the commercials they are running? a joke. i haven’t been able to get a job in 19 months because of this – and they want me to wait another 4-6 months to get my day in court. Now the arbitrators have issued a gag/confidentiality order that goes against FINRA code and is a potential violation of my first amendment rights.

]]> http://wallstreetpit.com/10885-is-wall-street-on-the-up-and-up#comment-68576 Aileen Sat, 10 Oct 2009 22:24:54 +0000 http://wallstreetpit.com/?p=10885#comment-68576 In particular, FINRA's Special Review Committee report of 10/2/09 failed to identify the Dallas District office's directors responsible for watching over the Stanford scheme and catching it... which they both failed to do. Unfortunately, one of these directors is still employed there and holds a higher position in SFC despite his negligence. In particular, FINRA’s Special Review Committee report of 10/2/09 failed to identify the Dallas District office’s directors responsible for watching over the Stanford scheme and catching it… which they both failed to do. Unfortunately, one of these directors is still employed there and holds a higher position in SFC despite his negligence.

]]> http://wallstreetpit.com/10885-is-wall-street-on-the-up-and-up#comment-67341 Kathy Sun, 04 Oct 2009 20:47:07 +0000 http://wallstreetpit.com/?p=10885#comment-67341 Thanks for writing something that needs to be said. Finra is the fox guarding the henhouse, nothing more. It should oversee NOTHING -- including the arbitrations that victims of fraud -- like auction rate securities victims -- must pursue to seek justice. Thanks for writing something that needs to be said. Finra is the fox guarding the henhouse, nothing more. It should oversee NOTHING — including the arbitrations that victims of fraud — like auction rate securities victims — must pursue to seek justice.

]]> http://wallstreetpit.com/10885-is-wall-street-on-the-up-and-up#comment-67043 Guzelvis Sat, 03 Oct 2009 23:25:02 +0000 http://wallstreetpit.com/?p=10885#comment-67043 Bernie's wife makes impassioned plea for his early release. Funny details @ http://bit.ly/Pw8Ah Bernie’s wife makes impassioned plea for his early release. Funny details @ http://bit.ly/Pw8Ah

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