Tackling Each Pertinent Court Action Relating to Financial Regulation, One Case at a Time
Better Markets constantly monitors the federal courts to identify cases that affect the financial lives of American investors and the wallets of almost every consumer. Through litigation, “friend of the court” filings, and publication of special reports, we counter industry arguments, advance the public interest, and employ legal arguments to promote the fairness, transparency, and stability of the U.S. financial system. The issues we tackle include how courts interpret financial laws and regulations, which enforcement tools agencies will have at their disposal, and whether ripped off investors can seek relief from the courts or must bring their claims in biased and secretive arbitration proceedings. We also address the fundamental threshold question of “standing” under the Constitution: Does the investor, consumer, or public interest plaintiff have a sufficient “injury” to allow a federal court to hear and resolve the claim? That critical question—too often answered “no”—determines whether those seeking relief in court will even be heard.