FINRA Postpones All In-person Arbitration and Mediation Proceedings Through May 31

Posted on April 13th, 2020 at 5:21 PM
FINRA Postpones All In-person Arbitration and Mediation Proceedings Through May 31

From the Desk of Jim Eccleston at Eccleston Law LLC:

In response to the outbreak of COVID-19, the Financial Industry Regulatory Authority (“FINRA”) announced that all in-person arbitration and mediation proceedings scheduled through May 31, 2020 will be postponed. FINRA specified that postponing hearings would not affect other case deadlines. 

For parties who have an in-person hearing or mediation session scheduled before May 31, FINRA staff will contact them to either re-schedule the proceeding or discuss having the hearing or mediation session remotely.  FINRA reminded parties that it offers virtual hearings via Zoom and teleconference. Parties who are interested in virtual hearings should contact their Case Administrator for more information. 

Additionally, FINRA announced that it would waive postponement fees for parties who stipulate to adjourn in-person hearing dates that had been scheduled between June 1 and September 4, 2020.  Said stipulation must be submitted to FINRA more than 20 days prior to the first scheduled hearing date.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities FraudCompliance ProtectionBreach of Fiduciary DutyFINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: eccleston, eccleston law, james eccleston, finra, mediation proceedings, covid-19

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