SEC Won’t Have Time to Tackle Issue of Mandatory Securities Arbitration

Despite increasing pressure on the SEC to exercise its Dodd-Frank-granted explicit authority to ban mandatory securities arbitration, SEC Commissioner Elisse Walter stated earlier this week, according to a report in Reuters, that the Commission won’t have time to address the issue until 2014, in light of the other mandates of Dodd-Frank.  It’s a shame that the issue won’t get the regulatory attention it deserves due to lack of resources.

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