Fourth Circuit Opinion Reveals A Fundamental Problem With The Arbitration Process (A Problem That PIABA Exploits): Arbitrators Need Not Do Their Job Well, Or Even Correctly
As the Fourth Circuit Court of Appeals made clear a week or so ago, serving as a FINRA arbitrator seems rather apropos in a world where the score is not kept in kids’ baseball games (to avoid there being any “losers”), and where adults receive medallions celebrating the fact that they are “participants” in distance races, regardless of where they happen to finish, because merely trying is good enough.
With that in mind, pity…