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Denis C. Dice to Participate in IBDC-RIAC Webinar
Denis Dice will be speaking on a webinar entitled “RIA Claims and New Regulations.” Denis will be joined by fellow IBDC-RIAC Alliance Members, Kevin Miller, General Counsel for Carson Group and Douglas A. Wright, CRCP, Chief Compliance Officer for the The Investment Center, Inc. as they take you through the new regulations that are impacting RIAs […] More
Bipartisan Crypto Regulatory Overhaul Would Treat Most Digital Assets as Commodities Under CFTC Oversight
Under bipartisan legislation introduced last week, titled the Responsible Financial Innovation Act, certain digital assets would be classified as commodities and empower the Commodity Futures Trading Commission to regulate the industry. The bill’s sponsors characterize the legislation as a critical first attempt to structure the markets for digital assets with long-awaited legal definitions. The traditional Howey […] More
FINRA Issues Proposed Rule Change To End Mandatory Arbitration of Sexual Harassment Claims
The Financial Industry Regulatory Authority has filed rule changes that would end forced arbitration of sexual assault and sexual harassment complaints as of June 1. The FINRA rule changes were required by the Ending Forced Arbitration of Sexual Assault and Sexual Harassment Act, which was signed into law in March. It gives employees the right […] More
FINRA Arbitration Panel Denies Claimants’ ARC REIT Claims as Clearly Erroneous in Matter Handled by WSSLLP’s Philadelphia Office
The firm’s client is a registered representative of a national broker-dealer which was a Respondent in a FINRA arbitration. Claimants’ alleged causes of action included suitability, failure to disclose risks, and lack of diligence relating to the recommendation of various ARC REITs. The arbitration claims were settled and our client requested expungement of the customer […] More
WSS’s Philadelphia Office Prevails on Motion for Summary Judgment Involving Novel Legal Issue on behalf of Home Inspector in Philadelphia Court of Common Pleas
On April 13, 2022, Joel Wertman and Doug Fogle of Winget, Spadafora & Schwartzberg LLP’s Philadelphia, Pennsylvania office successfully secured summary judgment in favor of their client, a home inspector operating in Philadelphia County. The matter involved multiple oral arguments, substantial briefing, and additional motion practice to include a request for reconsideration or to certify […] More
WSS Wins Coast to Coast Arbitrations in Two Separate Matters Within Weeks of Each Other
WSS attorneys recently secured two complete defense Awards for a national broker-dealer in two separate arbitrations, one in Boca Raton, FL and one in Portland, OR. The Boca Raton arbitration was a customer dispute in which the Claimant asserted causes of action arising out of the sale of various alternative products, including non-traded REIT’s and […] More