Finra should seek to make the arbitration pool more diverse because diversity offers significant benefits

Investment News

November 18, 2014

Finra's arbitration process has come under attack yet again with the Public Investors Arbitration Bar Association recently releasing a study criticizing the composition of Finra's arbitration pool for, among other things, its general lack of diversity: "The study found that 80% of the arbitrator roster is male and that the average arbitrator is 67."

 

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