Was FINRA Arbitration Too Old to Go Forward?

 You Snooze, You Lose -- FINRA Arbitration Deemed Too Old to Proceedhttp://www.brokeandbroker.com/index.php?a=blog&id=506   Respondent argued that Claimant's FINRA arbitration claims were ineligible for submission because all of the actions that formed the basis for the claims occurred in 2000/2001, which was more than 6 years prior to filing of the Statement of Claim.  Claimant argued that it was for the FINRA Arbitration Panel to consider such factors as tolling, notice, and estoppel. If the Panel determined that the case should proceed, then FINRA's rule did not impose an impassable six-year barrier.  Pointedly, Claimant argued that Respondent's conduct prevented the timely discovery of potential causes of action and that such conduct continued for a number of years after Claimant's assets were transferred from Respondent.   LEARN HOW THIS INTERESTING ARBITRATION WAS DECIDED AT:   http://www.brokeandbroker.com/index.php?a=blog&id=506