Required Basic Arbitrator Training
After FINRA approves an arbitrator candidate's application, the individual must complete the comprehensive Basic Arbitrator Training Program to become eligible to serve on arbitration cases. The Basic Arbitrator Training Program covers each stage of the arbitration process and reviews the procedures that arbitrators must follow to successfully complete an arbitration case. The Program consists of three parts and must be completed within 120 days:
- Basic Arbitrator Training (Part I – 8 hours)
- Expungement Training (Part II – 1.5 hours)
- Live Video (conducted via WebEx and teleconference) OR Onsite Classroom Training Session at one of our regional offices (Part III – 4 hours)
Arbitrator candidates who are approved to join the roster, and who successfully pass the Basic Arbitrator Training Program become eligible to serve on a case.
Continuing Legal Education (CLE)
In some states, CLE credit may be available for the classroom portion of the Basic Arbitrator Training Program. If you are taking an upcoming classroom training and are interested in CLE, FINRA will send you a link to affirm your completion of the class. Please contact Chris Avery by email or at (213) 613-2673 if you have any questions regarding CLE.