Is Finra's Judicial System Constitutional? D.C. Circuit Case Could Raise Thorny Questions
Also, the Big 3 asset managers aren't necessarily aligned on ESG; CFPB accuses Bank of America of charging 'junk fees'
A little-noticed order by the federal appeals court in Washington last week could have profound consequences for Finra’s policing efforts. The decision granted a brokerage firm’s emergency request to halt an enforcement action. But it has caused a stir among securities lawyers because it calls into question the constitutionality of the self-regulator’s …
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