Brokers have made 354 requests so far in 2012 to expunge information such as details of customer arbitration complaints from records that investors and securities firms use to research brokers' professional histories. During the entire year last year, 2011, the number was 372 expungement requests as stated in a recent Rueters article. According to the […]

In a California appeals court ruling that makes it easier for brokers to expunge customer complaints and disciplinary actions from their records, many feel it could have far-reaching implications for brokers everywhere, writes Dan Jamieson in an August 31st. article from InvestmentNews.com. In an Aug. 23, 2012, decision, the California Court of Appeal for the […]