In a recent paper Brian Rubin and Christian Cannon at Sutherland Asbill & Brennan offer their analysis of when to litigate against a potential disciplinary action from the Financial Industry Regulatory Authority (formely the NASD - yes I am not used to the new name either. The Daily Caveat hates change.)

Rubin, for his part, is the former Deputy Chief Counsel of Enforcement for the NASD. No doubt he has a pretty nuanced view of the functioning of the FIRA. The report walks you through the disciplinary process and, based on an analysis of a number of trials, offers guidance on when to take your lumps and when to hit back.

The report summary is here, the full monte here.

-- MDT

Labels: Brian Rubin, Christian Cannon, FIRA, NASD, Sutherland Asbill