Justices Decline To Decide Whether Courts Have Jurisdiction Over FINRA Bar

(May 16, 2023, 9:31 AM EDT) -- WASHINGTON, D.C.  — The U.S. Supreme Court on May 15 denied review of a Second Circuit U.S. Court of Appeals’ ruling that a federal district court lacked subject matter jurisdiction over a complaint seeking a declaratory judgment that the Financial Industry Regulatory Authority’s (FINRA) suspension and bar of a man were null and void where the man failed to exhaust his administrative remedies before bringing his action....