Marisol Murphy

FINRA Arbitration: Essential Insights for Investors and Brokers

1. Introduction: What Is FINRA?

  • Overview of the Financial Industry Regulatory Authority (FINRA)
  • Importance of arbitration in financial dispute resolution

    • 2. Why Choose FINRA Arbitration?

  • Key benefits of arbitration over traditional litigation
  • The importance of a streamlined
    Securities arbitration

    process for financial disputes

    • 3. Understanding the Arbitration Agreement

  • What is an arbitration agreement?
  • How and when it is established in the broker-client relationship

    • 4. Types of Disputes Suitable for FINRA Arbitration

  • Common categories of disputes: customer complaints, employment issues, and business disputes
  • Examples of cases that have been resolved through FINRA arbitration

    • 5. The FINRA Arbitration Process

  • Step-by-step breakdown of the arbitration process
  • Key phases: initiation, selection of arbitrators, hearings, and awards

    • 6. Preparing Your Case for Arbitration

  • Importance of documentation and evidence
  • Tips for organizing your case and preparing witnesses

    • 7. What to Expect During the Hearing

  • Overview of the hearing process: structure and format
  • Roles of the parties involved: claimant, respondent, and arbitrators

    • 8. Arbitration Awards: Understanding the Outcome

  • How awards are determined and what they signify
  • Explanation of the binding nature of awards and compliance requirements

    • 9. Addressing Common Concerns About FINRA Arbitration

  • Misconceptions about the arbitration process
  • Addressing fears related to bias, fairness, and outcomes

    • 10. Options After an Arbitration Award

  • Steps to take if you disagree with an award
  • Overview of the appeal process and enforcement of awards

    • 11. The Future of FINRA Arbitration

  • Trends in arbitration and how they may impact investors and brokers
  • Potential reforms and changes in the arbitration landscape

    • 12. Conclusion: Making Informed Choices in Dispute Resolution

  • Recap of the benefits and challenges of FINRA arbitration
  • Encouragement to seek professional advice for navigating arbitration