Does a securities arbitration award have the same legal effect as a judgment in a court of law?

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What is the difference between an arbitration hearing and a regular court hearing?
What is the purpose of a FINRA panel and how does it work?
Are there any legal defenses that can be used in securities arbitration cases?
Is there a difference between the standards of proof in arbitration and in court?
How does securities arbitration law protect investors?
Is there any way to avoid the costs associated with securities arbitration?
How long does it take to resolve a securities arbitration claim?

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