SEC Officials Speak Forcefully Against Forced Arbitration in Investment Context
Recently, SEC Commissioner Robert Jackson and SEC Investor Advocate Rick Fleming spoke out against any move to limit an investors’ access to justice by forcing them into arbitration. They both argue that investors play a vital role in helping to police corporate wrongdoing. In addition, holding corporate wrongdoers accountable for their actions deters others from engaging in bad conduct. The Fair Arbitration Now applauds Commissioner Jackson and Mr. Fleming for standing up for investors’ rights.