The only thing worse than being the victim of broker misconduct is getting an arbitration award against the broker and then not being able to collect.  Today, the Public Investors Arbitration Bar Association (“PIABA”) released a report that found that a National Arbitration Recovery Pool is a feasible solution to the serious problem of customer awards in FINRA cases going unpaid.  PIABA’s report also sheds light on a potential transparency issue for FINRA in that the most recent data provided to PIABA was stale (from 2013) and was insufficient to reflect the true magnitude of the unpaid awards problem.