"High Arbitration Costs and Confidentiality Burden Claims Against Bad Investment Advisers."

In an article published in the Daily Business Review, Aaron Cohn, highlights the challenges for retail investors seeking to recuperate losses from an investment adviser.

Specifically, Cohn discusses the expenses associated with arbitration, bias in favor of the businesses that select the arbitration services, and confidentiality provisions that allow bad advisers to continue their behavior when public court proceedings might be used to create a more accountable system. He highlights that these problems could be remedied with legislative fixes such as transparency and the shifting of arbitration cost, among other things.