|
|
|
|
Investors Recover Losses 59% of Time in Arbitration
In 1998, investors filing arbitrations at the National Association of Securities Dealers (NASD) to recover their investment losses won 59% of the time. This is an increase from 54% in 1996 and 57% in 1997.
Likewise, investors pursuing mediation (a negotiated settlement) at the NASD were successful 83% of the time.
Arbitration filings in December of 1998 were up 11% from the year earlier. The NASD assumes that the cause of the increase is the volatility and the market losses from the summer of 1998.
Source: Wall Street Journal, January 11, 1999
|
Sponsored by James J. Eccleston. This Web site contains material of general interest. It is neither intended to, nor constitutes, either legal advice or investment advice.
Always consult an attorney and/or investment adviser when building and protecting your wealth.
All content Copyright © 2010 Advocate Compliance Partners, Inc. except where noted. All rights reserved.
One North Franklin Street, Suite 2620, Chicago, IL 60606
Telephone 312-332-0000 | Fax 312-332-0003
|
|
|
|
|
