Credit Suisse may soon face a multitude of FINRA arbitration cases from former brokers enraged by the firm's decision to withhold millions of dollars in deferred compensation – as well as by its insistence that they resolve disputes in a private forum.

After prodding from brokers' attorneys, FINRA issued new a regulatory notice on Friday emphasizing the right of both advisers and customers to resolve disputes in the regulator's arbitration forums.

Register or login for access to this item and much more

All On Wall Street content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access