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FINRA Proposes to Permanently Give Investors the Option of All-Public Arbitration Panels
Posted by: Robert Rex
September 29, 2010

"The Financial Industry Regulatory Authority (FINRA) will file a rule proposal next month that would allow all investors filing arbitration claims the option of having an all-public panel, greatly increasing investor choice in the FINRA arbitration program. The rule proposal, which will be filed for approval with the Securities and Exchange Commission (SEC), would expand to all investor claims a two-year-old FINRA pilot program that gives investors filing an arbitration claim against certain firms the option of choosing an all-public panel."

 This would be an interesting change to the FINRA arbitration process, it could go a long way toward increasing the perception of fairness and investor satisfaction.

 Robert H. Rex is a Boca Raton-based attorney with extensive experience in the securities arbitration process. If you need an attorney to represent you in arbitration, contact us today.

via businesswire: http://www.businesswire.com/news/home/20100928006442/en/FINRA-Proposes-Permanently-Give-Investors-Option-All-Public

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