Are there any limits on what kind of awards can be given in a securities arbitration case?

In New Hampshire, the answer to this question is yes, there are limits on what kind of awards can be given in a securities arbitration case. According to the New Hampshire Securities Arbitration Act, awards in an arbitration case must not exceed two hundred and fifty thousand dollars. This means that the award given to the participants cannot be more than that amount. In addition, the award must be based on evidence presented during the case, and it must be awarded according to law and in equity. This means that the award cannot be biased and must be based on facts presented during the hearing. It is important to note that other types of awards, such as punitive damages, are not allowed in arbitration cases in New Hampshire. Punitive damages are awarded to punish a wrongdoer and are typically not included in an award in securities arbitration. In general, the awards given in a securities arbitration case should be fair and equitable. This means that they should not be too small or too large. The award should also be awarded after taking into consideration the facts presented in the case. In this way, the award can ensure that justice is served and that all parties involved in the case are treated fairly.

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Are there any limits on what kind of awards can be given in a securities arbitration case?

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