Securities arbitration in the public interest: The role of punitive damages

Ruder asserts that a reformed arbitration system operated by the National Association of Securities Dealers (NASD), subject to the supervision of the Securities and Exchange Commission, accomplishes the goal of securities arbitration in the public interest. He reviews the background of the Task Forc...

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Bibliographic Details
Published inNorthwestern University law review Vol. 92; no. 1; p. 69
Main Author Ruder, David S
Format Journal Article
LanguageEnglish
Published Chicago Northwestern University (on behalf of School of Law) 01.09.1997
Subjects
Arbitration
Public interest
Punitive damages
Securities
State court decisions
Task forces
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Summary:Ruder asserts that a reformed arbitration system operated by the National Association of Securities Dealers (NASD), subject to the supervision of the Securities and Exchange Commission, accomplishes the goal of securities arbitration in the public interest. He reviews the background of the Task Force Report, discusses the NASD eligibility rule, predispute arbitration agreements, the role of choice, and punitive damages, and defends the Task Force recommendations regarding punitive damages.
ISSN:0029-3571