Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.

Mandatory Arbitrations of Disputes with Financial Advisors

Almost always, when a person opens a new account with a financial adviser/stock broker, there is a standard form that must be signed. That form contains, among other provisions, a requirement that any dispute with the financial adviser/stock broker, or the broker dealer for whom he or she works, may only be heard in the setting of an arbitration. Filing of a typical lawsuit is not permitted.

The arbitrations which take place are conducted through the auspices of the Financial Industry Regulatory Authority (“FINRA”), a watch-dog of the financial services industry. Most arbitrations are heard by a panel of three arbitrators. Two of these three will be so-called “public” arbitrators and the third will be an “industry” arbitrator. That is to say that two of the arbitrators have no affiliation with the financial services industry while the third is a person who either presently or previously worked in the industry. Under the process used by FINRA, the parties themselves select the arbitrators from a list of potential arbitrators submitted by FINRA.

The arbitrations are generally held about one year to eighteen months after a demand for arbitration is filed. Although it is not possible in most cases to get the kind of pre-hearing information which is allowed in court proceedings, the process generally works very well. The reason is that the people who serve as arbitrators are all well versed in the law of securities dealers and have experience in disputes between customers and their advisers/brokers. Juries, and even judges, are not as knowledgeable about dealings between customers and their advisers/brokers as are almost all of the people who serve as arbitrators.

The decision of the arbitrators, with very few exceptions, is not appealable. This can be either a benefit or a detriment, depending on which side you are on. However, in all of the years that I have represented people in arbitrations before FINRA, or its predecessor, the National Association of Securities Dealers (NASD), I never believed that my client would have done better on an appeal than what the result was from the arbitration.

The lesson from all of this is that you should not be afraid of the outcome of your case should you have to go to a mandatory arbitration of your dispute with your financial adviser/stock broker.