How do I choose an arbitrator for a securities arbitration claim?

When it comes to choosing an arbitrator for a securities arbitration claim in North Carolina, there are several factors that should be taken into account. First and foremost, you should determine who should be the arbitrator. The most logical choice is someone with experience in securities and financial services law, as they are likely to be up to date on the rules and regulations governing the sector. It is also recommended to look for an arbitrator who is impartial and familiar with the clients and their particular situation. When it comes to selecting an individual arbitrator, it is important to not only look for experience and qualifications, but also for availability and geography. Choosing someone who is based nearby and available to hear the case is often ideal when it comes to securities arbitration. Another important factor to consider is whether the chosen arbitrator is a part of the Financial Industry Regulatory Authority (FINRA). FINRA is an organization that regulates securities brokers, dealers, and firms. Arbitrators who are registered with FINRA must adhere to their standards and practices when it comes to resolving disputes, which makes them more reliable and trustworthy. Ultimately, the decision to choose an arbitrator for securities arbitration in North Carolina should be based on their experience and qualification, availability, and their connection to FINRA. Conducting thorough research and contacting an experienced attorney to discuss the matter is recommended before making a final decision.

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