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Wednesday, January 15, 2014

Arbitration and Ombuds of Consumer Financial and Securities Disputes

This interesting paper by Shahla F. Ali of the University of Hong Kong Faculty of Law contains a useful global perspective on US arbitration of consumer financial and securities claims and one alternative to it, an ombudsman.  A big question about ombuds is what power they have over the parties and how it compares to the arbitrator’s power to issue a legally-binding ruling.

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