Stradley Ronon Partner David Franceski recently participated in the Securities Arbitration Commentator roundtable podcast, “The FINRA Dispute Resolution Task Force Has Issued Its Final Report. Now What?” The podcast focused on the work of the FINRA-sponsored Task Force as the Office of Dispute Resolution studies how to implement the 51 recommendations for change to customer arbitration procedures recently issued by the Task Force. The podcast panel, consisting of a diverse group of seasoned practitioners, academics and industry representatives, focused on four of the most important proposed changes—arbitrator qualification and background review, explained awards, mandatory mediation, and small claims hearings—as well as several others on which the Task Force could not reach any consensus for change. The podcast concluded with panel insights into the future of FINRA-sponsored customer securities arbitration in light of the “Core Four” recommendations.

For 35 years Franceski has concentrated his litigation and enforcement practice on complex commercial and securities matters, primarily defending and counseling the firm’s top investment banking, broker/dealer and investment advisory clients. During his career, he has been privileged to represent the country’s leading national, regional and local investment banks, broker dealers, investment companies and other financial firms, including many of Wall Street’s major banks and broker/dealers. Franceski has tried to verdict, decision or award well over 100 cases. His litigation experience – before judges, juries, arbitrators and agency enforcement panels – extends from complex class actions, multimillion dollar securities investor claims and federal insider trading investigations to state licensing and registration proceedings, broker raiding claims and other industry-related commercial disputes.

About Stradley Ronon

Counseling clients since 1926, Stradley Ronon has helped private and public companies – from small businesses to Fortune 500 corporations – achieve their goals by providing pragmatic, value-driven legal counsel. With offices in eight strategic locations, our responsive team of more than 200 attorneys seamlessly addresses the full spectrum of our clients’ needs, ranging from sophisticated corporate transactions to complex commercial litigation.