Become a FINRA Arbitrator
Add a New Dimension to Your Career
FINRA arbitrators are highly engaged, dynamic individuals who collaborate to aid their communities and enhance their professional lives by resolving securities-related disputes.
As a FINRA arbitrator, you have the opportunity to develop skills, give back and supplement your income. No previous arbitration, securities or legal experience is required to apply—just five years of paid work experience and two years of college-level credits.
Who Are FINRA Arbitrators?
FINRA arbitrators are dedicated individuals serving the investing public and the securities industry by resolving securities-related disputes. Their backgrounds range from freelancers to retirees to stay-at-home parents. They are neutral, well-qualified and essential to maintaining a fair, impartial and efficient system of dispute resolution.
FINRA arbitrators listen to both sides of a securities-related dispute, weigh the facts and render a final and binding decision. Arbitrators are paid an honorarium for the cases on which they serve. FINRA arbitrators are independent contractors, not FINRA employees.
What Are the Benefits?
Develop Skills and Experience – Arbitrators receive free training to hone the skills and talents necessary to be effective FINRA arbitrators. In addition to practical training about FINRA rules and procedures, arbitrators receive training designed to enhance their leadership, management and communication skills.
Build Your Network – Arbitrators will often serve on a panel with two other arbitrators—which provides the opportunity to meet and network with other professionals, including those who work inside and outside the securities industry.
Supplement Your Income – FINRA arbitrators receive an honorarium for each regular session they attend: typically $600 per day or $725 per day for arbitrators serving as chairpersons.
Where Will I Serve?
As an arbitrator, you will be assigned to one primary hearing location, which is the hearing location closest to your primary residence. There are 71 hearing locations, including at least one in each state of the United States, one in San Juan, Puerto Rico, and one in London, UK.