DISPUTE RESOLUTION

General

Simplified Arbitration

FINRA has amended its rules to provide a new option for simplified arbitration. The amendments provide an additional hearing option for parties in arbitration with claims of $50,000 or less, excluding interest and expenses. The amendments became effective on September 17, 2018.

FINRA Regulatory Notice 18-21 (July 23, 2018): SEC Approves Amendments to Arbitration Codes to Provide an Additional Hearing Option in Simplified Arbitration