If you or your client may be party to an ARS-related Financial Industry Regulatory Authority (FINRA) arbitration hearing, CTIC can help you best prepare. CTIC’s exhaustive knowledge of Auction Rate Securities, its skill in helping to prepare hearing participants, and its experience before numerous FINRA panels as an expert witness can significantly improve your position in an arbitration proceeding.

·        Complete knowledge of all aspects of ARS, their purchase, and distribution, including:

o   Broker and investor actions in the ARS market

o   Origination and underwriting

o   Structure and underlying assets

o   Auction process and dealer support

o   Inter-auction trading

o   Causes and circumstances of failed auctions

o   Commission and sales credit practices and dealer-to-dealer compensation

·        Clear and concise explanation of Auction Rate Securities for the benefit of arbitrators

·        Thorough understanding of all pertinent FINRA rules and regulations

·        Knowledge of sales practices by specific brokerage firms

·        Knowledge of investor practices

·        Role, responsibilities, and liabilities of “downstream” dealers

·        Knowledge of all current “secondary” market sale channels and activity