Trump Administration Targets Class-Action Right In DOL Fiduciary Rule, But Other Legal Avenues Could Remain for Investors

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Adjunct Professor George H. Friedman was quoted in an Investment News article on the Financial Regulatory Authority (FINRA) and class-action lawsuits.

“Finra views [allowing class actions]as a reasonable step to protect investors,” said George Friedman, an adjunct law professor at Fordham University and a former Finra director of arbitration. “I don’t see the delay in the DOL rule having any effect on their thinking.”

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