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September 30, 2007

Limitations on Motions to Dismiss

Recently, FINRA,(Financial Industry Regulatory Authority, the successor to the merger between the NASD and the NYSE) announced that it was proposing an new rule designed to limit the pervasive and what many believe to be the abusive use of dispositive motions in securities arbitration. Quoting from the Notice to Members:

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Burg Simpson Eldredge Hersh & Jardine, P.C. is a law firm serving the Rocky Mountain Region. The firm has offices in Denver, Colorado, Cody, WY, Cincinnati, Ohio, and Phoenix, AZ. The Firm is responsible for the content on the website, this information is not to be interpreted as providing legal services, nor as proposing any form of legal advice.

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