Financial Advisor Magazine 

In December 2017, FINRA announced plans for a major overhaul of the expungement process in its Notice to Members 17-42. The proposal included a number of changes, most of which were designed to make it more difficult and expensive for financial professionals to seek expungement. Most significantly, the changes included a one-year time limit for any expungement request, a heightened standard for granting expungement, increased fees, and the requirement of a unanimous decision by three arbitrators.

Recently, FINRA finally offered some insight into what will happen next.

This article first appeared on the Financial Advisor Magazine's website. Click here to read the full article.

Jump to Page