If you want some information about securities arbitration, you are at the right place. This blog post talks about security arbitration and other common areas that securities arbitration includes. But before we discuss it, let us first get some information about arbitration in general.
Wikipedia defines,
“Arbitration is a procedure in which a dispute is submitted, by agreement of the parties, to one or more arbitrators who make a binding decision on the dispute. In choosing arbitration, the parties opt for a private dispute resolution procedure instead of going to court.”
Securities arbitration includes breach of fiduciary duty, unsuitability, excessive activity, over concentration, supervision, asset allocation, private placements, margin trading, mutual fund fraud, unauthorized trading etc. Needless to say, courts these days have an excessive workload. So going to court, when a conflict arises, means to wait for many years to get the justice. So securities arbitration is the best way to resolve a conflict. Going to court should be the last tool. In addition to initiating arbitration, you have an option to file your complaints with the appropriate regulatory authority, such as state securities commissions or the Security and Exchange commission.
Taking the help of securities arbitration in New York not only resolves a conflict quickly, but also saves you a lot of money. So, when you are in the need of mediation, always take the help of securities arbitration.
