Securities Fraud Attorneys Blog
This afternoon PIABA published its report on Non Attorney Representatives (NARs). Co-authored by PIABA President Andrew Stoltmann and fellow PIABA board member Dave Neuman, it calls on FINRA to ban these firms from representing investors in the forum. The report details many of the extensive problems and issues with NARs, examines their paltry win rates and some of the people who run these operations. The entire report can be found on PIABA’s website below. Nothing short of a complete ban, with some notable exceptions for law school clinics and close family members of the investor, will suffice.
