Series 24: Simplified Arbitration

Taken from our Series 24 Online Guide

Simplified Arbitration

Claims involving $50,000 or less may adopt a simplified arbitration procedure if the customer (or the claimant, in the case of an industry dispute) requests one. With a simplified arbitration, neither a hearing nor a prehearing conference will be held. A single arbitrator will decide based strictly on the pleadings and other materials submitted by the parties.

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