FINRA Announces Arbitration Task Force

FINRA announced the formation of a 13-member Arbitration Task Force to consider possible changes to its arbitration forum with the goal of improving transparency, impartiality and efficiency.

The task force is composed of seven public members and six industry members. At the conclusion of its review next year, the task force will make recommendations to the National Arbitration and Mediation Committee, FINRA's Standing Board Advisory Committee.

See: FINRA Press Release.