Oppenheimer v. Mitchell

Published on:
September 16, 2024

Court:

U.S. Court of Appeals

(Ninth Circuit)

Amicus Issue:

Whether claimants, who invested in a private equity fund operated as a Ponzi scheme by a firm-registered broker, are “customers” of the broker-dealer firm, as that term is used in FINRA Code of Arbitration Procedure Rule 12200, such that the claimants can compel the firm to arbitrate a dispute between the parties in FINRA’s arbitration forum.

Counsel of Record:

Sullivan & Cromwell LLP

Robert J. Giuffra, Jr.

Morgan L. Ratner

Jason P. Barnes

Other Amici:

None.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.