Securities law -- its rules, processes, enforcement mechanisms and related tangents -- is understandably complex.
For starters, consider the industry participants. On the one hand, they encompass investors that range widely from individuals to institutional entities like mutual and hedge fund companies. On the other hand, the professional money managers who gladly accept and invest customer proceeds run a wide gamut, ranging from small brokerages to the largest investment banks.
Happy stories abound in the investment world, of course, especially when the good-faith contributions of consumers are handled by industry professionals who consider it a badge of honor to unstintingly make best efforts that materially promote the interests of all clients.
Sadly, that depiction is far from universally being the case, with disputes between investors and the professionals they rely upon being quite common.
The acronym FINRA stands for the Financial Industry Regulatory Authority. That entity oversees most of the country's investment brokers, administering industry rules and also playing a prominent enforcement function.
Regarding the latter, the arbitration process is often the venue and means through which victims of securities wrongdoing seek to secure a remedy for broker malfeasance or negligence.
Our attorneys help them do that.
In fact, the law firm of Shepherd, Finkelman, Miller & Shah, LLP, is singularly well placed to help investing clients right the wrongs committed by professional money managers. As we note on a relevant webpage of our firm, we devote "a significant portion of [our] practice to securities arbitration and related proceedings before FINRA."
Moreover, we do so on behalf of clients throughout the United States and across the world.
And we represent those injured parties in cases ranging from excessive trading and inappropriate investment to portfolio overconcentration and breach of fiduciary duty.
If you are an individual or institutional actor with questions or concerns about the handling of your investments, you can contact the firm for candid guidance and, if necessary, diligent legal representation aimed at promoting your best interests.