A former broker has sued the Financial Industry Regulatory Authority (FINRA) for violating his privacy by making a disciplinary document about him available on its website, Reuters reports. In 1997, Alan Santos-Buch settled charges for violating industry rules, believing the details would only be available publicly for two years. Now, a basic web search brings up his case, making it hard for him to get a job. His lawsuit, filed with the U.S. District Court for the Southern District of New York, asks the court to order FINRA to remove the disclosure and its reference to him. The continual publication of “personal disclosures,” he argues in a court affidavit, is a “willful, concerted and relentless assault on my reputation and well-being.”
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