Podcast: Securities Arbitration System Works Effectively and to the Benefit of Investors

Legislation introduced in the U.S. House of Representatives would change the decades-old securities arbitration system for dispute resolution to prohibit arbitration clauses in consumer contracts. While examining any long-standing process or regulation has its merits – and this debate has been raised repeatedly over the years – the securities arbitration system has worked effectively for decades.

In this podcast, Kenneth E. Bentsen, Jr., SIFMA’s President and CEO, and Kevin Carroll, SIFMA’s Managing Director and Associate General Counsel, discuss this long-standing system and the rather confounding animus toward it by some policymakers. They also dive more specifically into the FINRA arbitration forum, and the securities industry’s experience in that forum.

Kenneth E. Bentsen, Jr. is president and CEO of SIFMA, the voice of the nation’s securities industry. Kevin Carroll is Managing Director and Associate General Counsel at SIFMA