Forced Arbitration Highlighted in Forbes

Forbes contributor John Wasik shares his opinion on how forced arbitration clauses systematically snub individual investors and small businesses:

“Main street won’t get a fair shake against Wall Street until little guys get their day in court.

But under current rules enforced by the industry’s self-regulator, at nearly every turn, they’re not even allowed to get into a courtroom, thanks to an agreement that limits them to binding arbitration that the industry controls.

That can be remedied by throwing out mandatory arbitration clauses, which have been cowing individual investors for decades.”

The full text of this article, “How Small Investors Can Win Against Wall Street,” can be found here