Qualifications & Need per Location
FINRA seeks mediators who meet the needs of the parties. FINRA focuses on the following criteria to determine which candidates are qualified for our roster:
- Mediator training (we prefer multi-day training that includes role-playing techniques);
- Certifications or membership on other mediator rosters;
- Relevant experience as a mediator; and
- Four letters of reference (to be supplied with the mediator's application and from parties or attorneys who have mediated with the applicant and can attest to the applicant's skills and experience as a mediator)
FINRA's National Arbitration and Mediation Committee (NAMC), an oversight committee that helps FINRA manage its arbitrators and mediators, reviews and approves the mediator applications.
Once approved for the FINRA mediator roster, there is a membership fee of $200 due annually.