Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

A Member of the Law Professor Blogs Network

Thursday, October 6, 2011

2d Circuit: FINRA Can't Sue to Collect Fines

On Oct. 5, 2011 the Second Circuit held that FINRA does not have the authority to bring judicial actions to collect disciplinary fines.  Fiero v. FINRA (09-1556-cv (L))(Download Fireo v FINRA).  Because I currently sit on the National Appellate Council of FINRA, I am not commenting on the opinion.

http://lawprofessors.typepad.com/securities/2011/10/2d-circuit-finra-cant-sue-to-collect-fines.html

Judicial Opinions | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef014e8c10e084970d

Listed below are links to weblogs that reference 2d Circuit: FINRA Can't Sue to Collect Fines:

Comments

Post a comment