Posts tagged FINRA Rule 12200.
The Second Circuit joined the Ninth in holding that a subsequent contractual forum-selection clause requiring federal-court litigation trumps the base requirement that FINRA member firms must arbitrate upon a customer's request. FINRA Rule 12200 provides member firms "must arbitrate a dispute ["between a customer and a member" "arising in connection with the business activities of the member"] under the Code if: … Requested by the customer…." Public-financing authorities brought FINRA arbitrations against Goldman, Sachs and Citigroup Global Markets over ...
Posted in: FINRA
Tags: finra, FINRA Rule 12200