The Financial Industry Regulatory Authority (FINRA) has been active again this year in working to enhance its arbitration and mediation forums. Many of these developments have been in response to concerns raised by the FINRA Dispute Resolution Task Force, which was formed in 2014 to consider possible enhancements to FINRA’s arbitration and mediation forums. Those developments are addressed in the accompanying article by our colleague, Dan Korb.
The focus of this article are the changes being implemented by FINRA unrelated to the work of the task force. As you will note, FINRA is working on a number of fronts to improve its capabilities to deliver a fair and efficient forum for dispute resolution to its member firms and the investing public.