Nee v. Financial Industry Regulatory Authority, Inc.

Kaplan, Mitchell H., J.

The plaintiff, Thomas F. Nee, Jr., filed a complaint, which he captioned “Complaint for Expungement,” against the Financial Industry Regulatory Authority, Inc. (FINRA) seeking an order that all references to a claim lodged against him by customers of the brokerage firm for which he worked and the arbitrators’ award in favor of those customers be expunged from FINRA’s Central Registration Depository database (the CRD), a database used by brokerage firms, investors, and regulators to assess the complaint history concerning a broker or investment advisor. The case is…