Recent FINRA arbitration decisions have underscored the risks of structured notes — and the accountability of the firms that sell them. In 2025, a FINRA arbitration panel ordered a major firm to pay an investor family more than $132 million in damages, including a substantial punitive-damages component, over a broker's over-concentration of their accounts in structured notes.
In early 2026, a separate FINRA panel found a national brokerage liable for roughly $1.29 million to investors over losses connected to a structured-note strategy. These outcomes are matters of public record and involve other firms; they are provided here for context and are not results obtained by Silver Law Group.
Together with FINRA's 2026 review, these awards reflect a broader pattern: structured products marketed as safe income often behaved like concentrated, high-risk bets that investors never fully understood.