Notice to Parties in California Arbitration Matters

On June 13, 2005, the Securities and Exchange Commission (SEC) approved the rescission of the waiver program that was in effect for arbitration matters to be heard in California. Therefore, FINRA will no longer require waiver forms from parties in California, nor will FINRA offer alternatives to arbitration in California for cases in which the proper venue is in California. FINRA will begin immediately to process those arbitration cases that were filed during the waiver program but were not paneled because the necessary waivers had not been received.

To view the SEC order approving the rescission of the waiver program, please see Exchange Act Release No. 51825.

For further information, please contact FINRA Dispute Resolution’s Western Regional Office.