Brian Smiley moderated a panel discussion on “The Arbitrator’s Perspective” at the 2014 PIABA Annual Meeting in La Quinta, California. Brian has spoken over 15 times at PIABA meetings on topics ranging from brokerage misconduct to arbitration strategy and techniques. This most recent presentation was the subject of a 10/27/2014 article http://www.thestreet.com/story/12927272/1/fighting-your-broker-in-arbitration-finra-judges-give-some-tips.html in TheStreet by […]
Beware the Registered Investment Adviser
Brian Smiley was quoted in a recent Bloomberg Businessweek article discussing Registered Investment Adviser’s. In theory, RIAs are legally bound to put their clients’ interests first, but in practice, they offer few protections for investors.
Registered Advisers Increase by 39%
Commenting on the risk of losing money to thinly capitalized investment advisors, Atlanta-based securities lawyer Brian Smiley is quoted as saying, “If a large brokerage firm defrauds you, at least they have the money to pay you back.”
Public Guard Changes at SICA
Brian Smiley’s appointment to SICA is discussed in a recent Securities Arbitration Commenter Alert. A “Securities Arbitration Alert” published on April 6, 2011 by the Securities Arbitration Commentator discussed Brian Smiley’s recent appointment to the Securities Industry Conference on Arbitration (SICA).
SEC Approves FINRA All-Public Panel Option
Brian Smiley quoted in On Wall Street about new FINRA arbitration rule. The move may be hailed by investor groups, but other industry experts are criticizing the Securities and Exchange Commission’s recent approval of a rule change that allows for the option of all-public panels in FINRA arbitrations.
Can the SEC Beat Goldman Sachs?
Smiley Bishop & Porter LLP quoted in U.S. News & World Report on SEC’s suit against Goldman Sach’s. News that the Securities and Exchange Commission filed a civil suit against Goldman Sachs has sent the investment bank’s stocks reeling. But are investors overreacting?
FINRA Blames Morgan Keegan, Not Brokers, For Hiding Risk
Dow Jones quotes Brian Smiley on securities regulators’ charges against Morgan Keegan. Securities regulators’ actions against Morgan Keegan & Co. put its brokers in the same basic category as investors: duped.
Arbitrator Out of Work? Call FINRA
Wall Street Journal cites Brian Smiley on FINRA’s efforts to recruit arbitrators to handle Morgan Keegan claims. Wall Street needs an army of arbitrators to clean up the mess left by the headline-grabbing collapse of three mutual funds stuffed with collateralized debt obligations and other subprime-related securities.
Investors Win More Broker Cases
Brian Smiley addresses the recent flood of claims against brokers. Investors pummeled by last year’s market meltdown are increasingly taking their brokers to task.
More Firms Join Arbitration Experiment
PIABA President Brian Smiley provides comments on the proposed rule change for securities industry arbitrators. With the downturn taking its toll on investors’ portfolios, the Financial Industry Regulatory Authority (FINRA) is seeing a substantial increase in the number of complaints filed against brokers and advisers. But even as these firms are getting hit hard with arbitration, three […]
