Dave Rosedahl and Dan Supalla Discuss FINRA’s Expungement Procedures

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October 16, 2012

Dave Rosedahl and Dan Supalla recently guest-authored an article in the September 2012 edition of Securities Arbitration Commentator. In the article, “Proposed New Expungement Procedures for Registered Representatives Involved in Arbitrations,” Rosedahl and Supalla discuss the history of the U4 and U5 disclosure rules, the current expungement process, and the proposed FINRA rule changes, followed by an analysis of the proposed rule changes.

Rosedahl is a member of the firm’s Financial Markets Group and Business Litigation Section and has more than 30 years of experience in the financial markets industry, specifically in the securities regulatory area. He has extensive experience reviewing policies and processes from a risk management and regulatory compliance approach and assists clients in implementing recommended changes to comply with regulatory guidelines.

Supalla is a member of the firm’s Financial Markets Group and Business Litigation Section and has extensive experience in securities litigation. He represents broker-dealers involved in arbitrated and litigated disputes with customers, registered representatives and other broker-dealers. Supalla’s experience includes having primary responsibility for pre-trial proceedings and coordinating discovery in 250+ arbitrations, state litigation, federal class-action litigation and bankruptcy litigation arising out one of the nation’s largest Ponzi schemes.

The full article is available to be viewed here.