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SEC Approves Amendments to FINRA Arbitrator Honoraria

The SEC approved amendments to FINRA's customer and industry arbitration rules concerning arbitration honorariums. The amendments will result in each arbitrator being compensated with a $200 honorarium to decide (without a hearing) subpoena requests or orders for production or appearance that are contested.

The amendments are effective for cases filed on or after January 7, 2019.

Primary Sources

  1. FINRA Regulatory Notice 18-40: Arbitrator Honorarium

Tags

Regulated Activities
Regulatory Fees
Regulated Entities
Traders / Investors / Counterparties
Body of Law
Securities Law
Jurisdiction
US - Federal
Organization
FINRA / MSRB / SEC Exchanges / SIPC / Accountants
Sub-Author
FINRA