Sen. Warren Calls on FINRA to Investigate Robinhood

February 25, 2021 Elizabeth Wahl

Sen. Elizabeth Warren, D-Mass., prodded Robert Cook, CEO of the Financial Industry Regulatory Authority, Thursday in a letter to “conduct a thorough review” of Robinhood’s activities during the GameStop trading frenzy.

In her letter, Warren also asked Cook to explain how FINRA will respond to Robinhood’s role “in recent market volatility, its decision to cut off customers’ trading, and the broader concerns about market fairness that these events represent.”

Financial Industry Regulatory Authority Arbitration of Employment Disputes

November 24, 2020 Elizabeth Wahl

The Financial Industry Regulatory Authority, Inc. (FINRA) is an independent regulatory body, overseeing securities firms and their brokers and other registered personnel. Arbitration of employment disputes in the arbitration forum sponsored by the FINRA offers a number of industry-specific or unique considerations. Accordingly, employers should understand the risks and potential rewards of arbitrating in the FINRA arbitration forum and seek counsel from experienced FINRA practitioners.