NACA in the News: Investor advocates call on SEC to end RIAs’ use of mandatory arbitration

Investment News, Investor advocates call on SEC to end RIAs’ use of mandatory arbitration

“Arbitration proponents assert that it is faster and less costly than the court system, which benefits both sides of a dispute. But mandatory arbitration is better for RIAs than for their clients, said Christine Hines, legislative director at the National Association of Consumer Advocates.”