Law360, New York ( August 29, 2012, 1:40 PM EDT) -- Recently, the Financial Industry Regulatory Authority proposed a pilot program for customer-initiated arbitrations for claims involving $10 million or more. Historically, the industry has seen arbitrations as a way to resolve disputes without significant expense and before a panel that includes at least one industry expert; in other words, an expeditious and cost-effective dispute resolution process in a favorable and understanding forum....
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