Who is Eligible to Serve as Chairperson on a FINRA Arbitration Panel?

Chairpersons in customer disputes must:

1.        Be a public arbitrator

2.       Complete chairperson training

3.       Have a law degree

4.       Be a member of a bar of at least one jurisdiction

5.       Have served as an arbitrator through award on at least two arbitrations administered by a self-regulatory organization in which hearings were held

6.       Or, instead of items 3-5 have served as an arbitrator through award on at least three arbitrations administered by a self-regulatory organization in which hearings are held

See FINRA Code of Arbitration Procedure for Customer Disputes 12400.