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galvinlegal
@galvinlegal
GPB Holdings III, In cases involving registered representatives and firms, arbitration awards may contain directives for expungement. If the arbitration panel states that the information is being removed because it is defamatory, FINRA may continue to do so without a court order. As a result, FINRA will delete this data from the Form U5 sections relating to termination justifications or internal audits without needing a judge to approve the order.
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