Do securities arbitration decisions become public records?

Securities arbitration decisions in North Dakota do not become public records. This is because securities arbitration hearings are private. The only parties that are informed of the outcome of the arbitration are the parties involved in the dispute and their representatives. They are not required to make the results public by any means. However, that does not mean that the results of securities arbitration hearings are completely secret. If the parties choose to, they can make the results of their arbitration hearing public. This would be done by releasing the arbitration award, a document that outlines the terms of the agreement established by the arbitration panel. This document would contain the specifics of the award and would become a public record if released. The main purpose of making the results of the arbitration hearing public is to help other investors when making their decision to buy or sell securities. By reading the arbitration award, investors may be able to decide whether the security in question is a risky investment or a better option. Overall, though, securities arbitration decisions in North Dakota do not become public records unless the parties involved in the dispute choose to make them so. This allows the parties to keep their differences private while also allowing them to share the results of their arbitration hearing with others, if they choose to do so.

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