Are there any restrictions on the arbitrators who can handle a securities arbitration case?

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Is there a special set of rules for securities arbitration proceedings?
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What kind of witnesses may be called in a securities arbitration hearing?
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Is there a way to expedite the hearing of securities arbitration claims?
Does a securities arbitration panel have the power to award punitive damages?
Are there any legal defenses that can be used in securities arbitration cases?
How does FINRA investigate and adjudicate disputes?

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