Jesse Kibort, a founding partner at Parker Daniels Kibort, was recently quoted in Financial Advisor IQ in an article examining legal and regulatory issues affecting financial advisors.
Customer Suitability Claims Against Financial Advisors and Broker-Dealers in FINRA Arbitrations: Key Considerations, Risks, and Advantages
The Financial Industry Regulatory Authority (FINRA) arbitration process is the primary forum for resolving disputes between investors and financial professionals, including financial advisors and broker-dealers. Among the most common claims in FINRA arbitration are customer suitability claims, in which investors allege that their financial advisor recommended investments that were inappropriate...