FINRA increases number of arbitrators on lists for parties to rank and strike

Effective September 27, 2010, FINRA’s Code of Arbitration Procedure will be amended to increase from eight to ten the number of arbitrator candidates parties will receive on each of the prospective panel lists (Chair-qualified, public and industry arbitrator lists) that FINRA generates during the neutral selection process.  FINRA proposed this change, and the SEC quickly approved … Continue reading FINRA increases number of arbitrators on lists for parties to rank and strike

FINRA waiving arbitrator training fees for a limited time

FINRA recently announced that it will waive the fees for its arbitrator training programs.  This applies to both the basic arbitrator training program for new arbitrators (normally a $125 fee) and subject-specific online training modules (typically costing between $25 and $50).  So if you have been thinking of applying to be a FINRA arbitrator, or … Continue reading FINRA waiving arbitrator training fees for a limited time

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