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  • Pre-Dispute Mandatory Arbitration Challenged - 18 April 2013
  • On Wednesday April 17 up to seventeen members of the North American Securities Administrators Association Inc. (NASAA) met with lawmakers in Washington to garner support for ending, or at the very least restricting, the use of pre-dispute mandatory arbitration clauses in client contracts with investment brokers. With these clauses generally being presented as standard procedure, investors may not be aware that they are, in effect, losing their right to use the judicial system in any dispute arising out of agreements entered into with brokers. In other words, they cannot sue a broker who violates the terms of the agreement or neglects to act in the best interests of a client, the investor. Critics of mandatory arbitration clauses note that investors should be given the choice of omitting the clause from an agreement, thereby giving themselves a greater measure of protection should the client/broker relationship go sour.

  • Solar Energy Surging Ahead as Alternative Energy Option - 4 April 2013
  • A recent Gallup poll revealed that three out of four Americans are in favor of the United States government increasing the use of solar energy, with up to 71 percent of those surveyed being in favor of developing wind power. The expansion of oil production received the thumbs-up from 46 percent, with only 37 percent approving of expanding nuclear power and less than 30 percent approving of increasing coal production as a means of generating energy. While results of the survey revealed trends associated with geographic location and political affiliation, the overall result was in support of solar power as an alternative source of energy. These finding are supported by activity taking place on Wall Street as solar energy costs come down and more home and business owners take advantage of the option to lease the equipment for solar power generation.


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