Thursday, September 30, 2010

FINRA Arbitration Online Claim Filing

FINRA Dispute Resolution has recently improved its Online Arbitration Claim Filing system. Any party may submit an arbitration claim using the online system. The online arbitration claim filing system is a fast, convenient, and efficient way to file an arbitration claim.

Note: As of September 25, 2010, claimants using the new Arbitration Online Claim Filing System form can pay the filing fees online by credit card. If you have a claim form already in progress prior to this date, you will NOT be able to use the new credit card payment feature. To be able to pay the filing fees by credit card, you would need to begin a new claim form that includes the new credit card feature.

With this enhancement, all parts of the initial claim (Statement of Claim, signed Submission Agreement, exhibits, and filing fees) can now be filed electronically. This will expedite the claim submission process and will set the date of filing to the date that the claim was submitted online.

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