What kind of witnesses may be called in a securities arbitration hearing?

In a securities arbitration hearing, witnesses may be called to provide testimony and evidence. Witnesses may include clients, customers, sales representatives, brokers, portfolio managers, financial advisors, and other professionals directly involved in the transaction or transactions under investigation. Additionally, witnesses may include independent third-party experts, such as accountants, financial analysts, and other legal authorities. Witnesses may also include representatives from the parties involved, including attorneys, financial advisers, and insurance agents. Witnesses are required to testify truthfully about the events in question or any other related matters. While witnesses are not required to provide an opinion, they must state what they know to be true. Witnesses also have the right to remain silent if they feel the information they are providing could put them in jeopardy of criminal prosecution. An important factor to consider in securities arbitration hearings is that the testimony of witnesses is not considered to be conclusive. Instead, the panel of arbitrators assigned to the case will determine the credibility and reliability of the witnesses and weigh the evidence accordingly. The arbitrators will then make a decision based on a majority vote.

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