Customer Suitability Claims Against Financial Advisors and Broker-Dealers in FINRA Arbitrations: Key Considerations, Risks, and Advantages

The Financial Industry Regulatory Authority (FINRA) arbitration process is the primary forum for resolving disputes between investors and financial professionals, including financial advisors and broker-dealers. Among the most common claims in FINRA arbitration are customer suitability claims, in which investors allege that their financial advisor recommended investments that were inappropriate...