Is there any way to avoid the costs associated with securities arbitration?

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What is the effect of the statute of frauds on a securities arbitration award?
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Does a securities arbitration award have the same legal effect as a judgment in a court of law?
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Is there a cost associated with appealing a securities arbitration award?
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Are there any special rules for representing clients in securities arbitration?
Can a securities arbitration award be overturned by a court?
Does a securities arbitration panel have the power to award punitive damages?

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