(Bloomberg) - Credit Suisse Securities LLC sued to block a Financial Industry Regulatory Authority arbitration, arguing that the investors who initiated the claim don’t fit the Finra definition of “customer” required for the dispute- resolution process.

The investors named in the complaint bought exchange traded notes underwritten by Credit Suisse called TVIX, on the secondary market, “through accounts or advisers unaffiliated with Credit Suisse” Credit Suisse said in a complaint filed yesterday in federal court in Baltimore.

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