Broker-Dealer Arbitration Counsel for  Securities Professionals

When a client files a claim or a regulator initiates an investigation, your career and reputation are on the line. 

At Kamps Legal, we represent broker-dealers, registered representatives, and other securities professionals in FINRA arbitration, enforcement actions, and intra-firm disputes throughout NY and CA.

Whether you’re responding to a Statement of Claim or seeking to clear your Form U5, we provide strategic legal advocacy to protect your license, livelihood, and reputation.

For a confidential consultation.

What Is Broker-Dealer Arbitration?

Most disputes involving broker-dealers and registered reps are resolved through mandatory arbitration, not court. If you’re registered with FINRA, you’ve likely signed a pre-dispute arbitration agreement—meaning almost all customer and firm-related conflicts will be heard before a FINRA arbitration panel.

Common arbitration matters include:

Allegations of unsuitable investments or misrepresentation.

  • Breach of fiduciary duty or negligence

  • Unauthorized trading or excessive commissions

  • Promissory note and signing bonus disputes

  • Termination and U5 disclosure conflicts

  • Regulatory violations investigated under FINRA Rule 8210

These cases move quickly and carry serious consequences. Early legal intervention is key.

Broker-Dealer Disputes We Handle

Client and Investor Claims

  • Suitability, churning, or misrepresentation claims

  • Failure to supervise or breach of fiduciary duty

  • Claims seeking financial restitution or sanctions

Regulatory Enforcement Defense

  • FINRA 8210 information requests and on-the-record (OTR) interviews

  • SEC or state securities investigations

  • Defense against fines, suspensions, or permanent bar

Compensation and Promissory Note Disputes

  • Repayment demands tied to forgivable loans or deferred comp

  • Negotiating settlements with former firms

  • Arbitration or mediation of employment-related claims

Form U5 Disputes and Expungement

  • Removal of defamatory, misleading, or false termination language.

  • Expungement petitions through FINRA arbitration.

  • Strategic resolution before public disclosure impacts CRD/FINRA BrokerCheck.

Internal Disputes and Partner Conflicts

  • Disagreements between reps, partners, or firm leadership.

  • Transition disputes when moving books of business.

  • Enforcement of restrictive covenants and non-competes.

How FINRA Arbitration Works

FINRA arbitration is legally binding and faster than traditional litigation. Here’s a typical case timeline:

  1. Statement of Claim Filed

  2. Response Submitted by the Respondent

  3. Panel of Arbitrators Selected

  4. Discovery Process & Document Exchange

  5. Motions and Hearings

  6. Arbitration Hearing (or settlement negotiation)

  7. Panel Decision Issued (Award)

Having an experienced securities attorney ensures your case is properly defended, procedural rules are followed, and your evidence is presented clearly and persuasively.

Why Legal Counsel Matters in FINRA Arbitration

Unlike civil litigation, FINRA arbitration is governed by unique procedures and industry-specific rules. You’re not just defending against claims—you’re defending your professional record and future business.

Kamps Legal helps you:

  • Develop a winning case theory

  • Respond to discovery and subpoenas appropriately

  • Cross-examine claimants and expert witnesses effectively

  • Navigate tricky regulatory questions without overexposure

  • Negotiate favorable settlements or push toward dismissal

We know what’s at stake and we fight to protect it.


Why Choose Kamps Legal?

Focused Securities Law Practice

We handle FINRA, SEC, and DFPI matters daily.

This is a frequently asked question?

Transparent, predictable billing structures for arbitration and compliance work.

Real Arbitration Experience

Not all business lawyers are familiar with arbitration rules—we are.

National Based

National service with national securities expertise law insight.

Reputation Protection

We help minimize reputational damage and preserve your standing in the industry.

Who We Serve

We represent a wide range of financial professionals in  and beyond, including:

  • Registered representatives

  • Broker-dealer firms

  • Investment advisers affiliated with BDs

  • Compliance officers and general counsel

  • Securities industry professionals under investigation or facing arbitration

Serving New York and California and All States with Contracted Professionals

We offer in-person and remote representation, and we’re prepared to act swiftly to protect your interests.

FAQs

What is the difference between FINRA arbitration and mediation?

Arbitration results in a binding decision by a panel. Mediation is a voluntary process where both sides try to reach a mutual agreement with the help of a neutral third party.

Can I expunge false information from my Form U5?

Yes—if the information is defamatory or inaccurate, expungement is possible through FINRA arbitration. Kamps Legal has experience petitioning for successful U5 expungements.

How long does a FINRA arbitration take?

 Most cases resolve within 12 to 18 months, though settlement may occur earlier. The process includes pleadings, discovery, hearings, and final award.

Can I recover legal fees if I win?

Possibly. Some arbitration awards include attorney fees, but it depends on the contract, claim type, and panel discretion.

Get Trusted Arbitration Counsel from Kamps Legal

When your license and reputation are at risk, you need experienced legal support. Kamps Legal delivers responsive, knowledgeable advocacy tailored to the securities industry.