The Financial Industry Regulatory Authority (“FINRA”) is reportedly considering whether to require brokerage firms to purchase and maintain errors and omissions insurance policies that would be used to pay investors following arbitration.

Arjya B. Majumdar, Assistant Professor and Assistant Director of the Centre for Global Corporate and Financial Law and Policy at the Jindal Global Law School in New Delhi has authored a thoughtful paper entitled, Incorporation by Reference in Maritime Arbitration, Transportation Law Journal (forthcoming).

New American Arbitration Association (“AAA”) Commercial Arbitration Rules and Mediation Procedures Including Procedures for Large, Complex Commercial Disputes go into effect today.

A panel of three international arbitrators has found that United States oil company Chevron is not liable for “collective damage” claims in the company’s ongoing dispute over oil contamination in parts of Ecuador’s Amazon rainforest.