What is the process for appealing a securities arbitration decision?

The process for appealing a securities arbitration decision in Washington involves several steps. First, the party seeking to appeal the decision must submit an Appeal Notice to the arbitration organization or body that issued the original decision. This Appeal Notice must be submitted within 30 days of the date of the original decision. Once the Appeal Notice is filed, the original decision is stayed pending the outcome of the appeal. The parties have 20 days to submit their written briefs and motions. After that, the opposing party has 10 days to respond. The appeal case is decided by a three-person panel of the arbitration organization or body. The panel reviews the written arguments and evidence submitted by both parties. They then make a decision, which can either affirm, modify, or reverse the original decision. Once the decision is made, either party can petition the court of appeals of Washington to review the decision. They must make the petition within 30 days of the date of the attentional panel’s ruling. During this stage, the court of appeals reviews the written briefs and evidence to decide whether the arbitration panel’s ruling is legally justified. The appellate process is an important part of the securities arbitration process in Washington. It provides parties with an opportunity to challenge the original decision and seek a more favorable outcome. It is important to be aware of the steps involved in this process and to be familiar with the applicable rules and regulations.

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What is the process for appealing a securities arbitration decision?

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