Roy DeCaro of Raynes Lawn Hehmeyer presents Judge Cynthia M. Rufe with an award on behalf of the Lawyers' Club of Philadelphia.

Honored

Roy DeCaro of Raynes Lawn Hehmeyer presented Judge Cynthia M. Rufe with an award on behalf of the Lawyers' Club of Philadelphia. The group honored Rufe for her service of over 10 years to the Court of Common Pleas in Bucks County and, most recently, for the last 10 years as a federal judge in the Eastern District of Pennsylvania. DeCaro is the current president of the Lawyers' Club, which promotes good fellowship and friendly social relations between the bench and bar.

Speakers

Stradley Ronon Stevens & Young partner Paula D. Shaffner served as a panelist at the New York State Bar Association's “Securities Arbitration and Mediation 2018: Evolution” program in New York.

Shaffner's panel, “Fee-Based v. Commission-Based Accounts,” discussed statistics and history of the transition from commission-based to fee-based accounts, who does and does not benefit from fee-based accounts, fee-based discretionary account cases and related causes of action, how to measure and compare the performance of fee-based accounts, how to educate arbitrators about fee-based accounts, and the difference between the U.S. Securities and Exchange Commission's “Regulation Best Interest” and existing Financial Industry Regulatory Authority rules.

Shaffner, co-chair of Stradley Ronon's securities litigation and enforcement practice group, represents individuals and companies in securities litigation and defends clients in regulatory matters before the SEC, FINRA and various exchanges and state regulators.