Arbitration is a method of having a dispute between two or more parties resolved by impartial persons who are knowledgeable in securities industry disputes. Those persons are called arbitrators.

Arbitration of disputes with brokers/dealers has long been used as an alternative to the courts because it is devised as a prompt and inexpensive means of resolving complicated issues.

There are certain laws governing the conduct of an arbitration proceeding that must be considered by those planning to use arbitration to resolve the dispute. Most importantly, perhaps, is the fact that an arbitration award is final and binding, subject to review by a court only on a very limited basis. Parties should recognize, too, that in choosing arbitration as a means of resolving a dispute, they generally give up their right to pursue the matter through the courts.

Although most business in the securities industry is completed without a problem, disputes and controversies will occasionally arise. Such disputes and controversies can be resolved by impartial arbitration. Arbitrations are conducted in accordance with the Uniform Code of Arbitration (Uniform Code or UCA) as developed by the Securities Industry Conference on Arbitration (SICA) and the rules of the sponsoring organization where the claim is filed.

Independent Court Reporting offers professional reporting services for arbitrations in Green Bay, Appleton, Marinette, Sturgeon Bay, Manitowoc, Shawano, and Oconto, Wisconsin.  Schedule an appointment today!

*Complimentary conference room arrangements available upon request.