Mandatory arbitration not SEC priority, Walter says

05/21/2013 | InvestmentNews (free registration)

The Securities and Exchange Commission has too many mandatory rulemaking tasks confronting it at the moment to focus on the issue of mandatory arbitration, according to SEC Commissioner Elisse Walter. "It's not going to happen in the next few months or this year because there is so much we have left to do under Dodd-Frank and the JOBS Act -- and we have to deal with money market funds and a few other things that by virtue of market interest really are ahead of all of this," she said.

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