The number of securities class actions filed last year fell for the fourth year in a row. But these time-consuming, costly litigations still target 5 percent of all S&P 500 companies in an average year, and settlement costs...more
FINRA is proposing a new rule that will make it more difficult for brokers to have customer complaints expunged from their publicly disclosed records. The proposed rule change, which was filed with the SEC on July 29, 2022,...more