New Recommendations by the FINRA Dispute Resolution Task Force (12th Article)

Posted on March 24th, 2017 at 12:16 PM
New Recommendations by the FINRA Dispute Resolution Task Force (12th Article)

From the Desk of Jim Eccleston at Eccleston Law LLC:

This is the twelfth in a series of posts to discuss the 51 recommendations that the FINRA Dispute Resolution Task Force (Task Force) has made to the National Arbitration and Mediation Committee (NAMC). NAMC is FINRA’s standing Board advisory committee.                             

To begin, the Task Force recommended that FINRA continue its efforts to develop effective strategies to recruit applicants for the arbitrator pools, with a goal of increasing both the depth and the diversity of the pool, and to monitor the results.

FINRA agreed with the Task Force’s recommendation and implemented new strategies to recruit additional arbitrators. FINRA hired additional staff for arbitrator recruitment, retained a consultant for recruitment advice, and expanded the use of social media and direct marketing.

The attorneys of Eccleston Law LLC represent investors and advisers nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of securities for financial investors including Securities FraudUnauthorized TradingBreach of Fiduciary DutyRetirement Planning Negligence, 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

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