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.
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