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Securities Arbitration: Burned Investors Lack of Use Criticized.

December 16, 2011 Personal Finance news in Santa Monica,California, United States of America

FINRA securities arbitration filings of only 4,000 cases in 2011 means that Occupy Wall Street isn't communicating or that Wall Street's and FINRA's failure to publicize ADR is limiting claims.




FOR IMMEDIATE RELEASE
Santa Monica, California, United States of America (Free-Press-Release.com) December 16, 2011 -- Securities Arbitration's Paul Young today criticized both Occupy Wall Street and Wall Street investment firms. "The stats are shocking," says the long-time burned investor's advocate. "With all the publicity and attention paid to Occupy Wall Street, it is disappointing that, through October, FINRA has taken in just 4,000 cases from burned investors seeking recovery of money lost due to the alleged misdeeds of Wall Street firms."

Securities arbitration provides burned investors to take their grievances to a neutral panel in arbitration to recover money lost in investments and accounts due to misdeeds of licensed investment firms and individual investment professionals. The top issues are suitability, misrepresentation, failure to supervise, and other violations.

"Wall Street and Occupy Wall Street are on opposite sides. But they can and should come together to promote securities arbitration as an effective forum for burned investors to bring their claims, to get a proper and fair hearing, and a reliable result," says Young, whose advocacy for burned investors nationwide began in 1989. "Real people who've been abused by Wall Street can fight back and they can win. The number of case filings 2011 should be not 4,000 but 400,000 or more. If it were so, then it would mean that both Occupy Wall Street and Wall Street (and FINRA) were both doing right by Americans," concludes Young.

Who we are: The nationwide Securities Arbitration Hotline @ 1-800-222-4724 has been operated as a FREE service for Main Street burned investors since 1989. Mission: To educate and also to get money back for burned Main Streeters on a case by case basis via arbitration when Wall Street financial firms and brokers have victimized Americans.

Founder Paul Young and SAG have recovered a total of millions for individual investors utilizing securities arbitration and mediation.

Paul Young is also available for print and air providing unbiased all-money matters expert commentary, without conflicts of interest. He can communicate, inform, entertain, and enlighten in a clear manner.

PAUL YOUNG, founder and CEO of Securities Arbitration is fully all-media experienced. His many appearances include CNN, CNBC, Mutual, Fox Radio Network, NPR, and regularly on national, syndicated, and local radio programs. Young and SAG have been profiled in print, including the Christian Science Monitor, Tribune Media Services, Creator’s Syndicate, Los Angeles Business Journal, other syndicated columns, and many other national and local print media. Paul was also business and money matters editor for “MSM” webzine, authored “Arbitration for Investors Burned by Brokerage Firms” for Personal Investing News magazine, and was subject-matter contributor to three books, including "Everything You Wanted to Know About Investing." He has also guest lectured for the SCMA.


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Contact Information

  • Name: Paul Young

    Company: Securities Arbitration Hotline

    Telephone: 1-800-222-4724

    Email: ***@gmail.com





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