Whether you realized it or not, when you set up your brokerage account you likely signed an arbitration clause agreeing that if you have a dispute with your brokerage firm or broker (including disputes related to securities fraud) you agreed to arbitrate those claims through the arbitration provisions of FINRA (formerly the NASD). Accordingly, not only will the FINRA rules apply to your claim, but your hearing will also be held at a hearing location designated by FINRA. The following is a link to the FINRA website that shows the various hearing locations that FINRA currently has throughout the country.
Generally, your case will be conducted at the FINRA hearing location closest to your home. For example, if you live in say Vero Beach or Melbourne, your securities fraud case would likely be heard in either Orlando or Boca Raton (the two hearing locations closest to that area). If you live in Stuart, Jupiter, Wellington, West Palm Beach, Palm Beach Gardens, or Boynton Beach, your hearing would likely be conducted in Boca Raton. If you live in Fort Myers or Naples, your hearing would likely be held in either Tampa or Fort Lauderdale.
If you have questions about the FINRA arbitration process or its hearing locations, or if you believe that you are the victim of securities fraud, The White Law Group may be able to help. To speak to a securities attorney, please call our Chicago office at 312-238-9650 for a free consultation.
The White Law Group, LLC is a national securities fraud, securities arbitration, investor protection, and securities regulation/compliance law firm with offices in Chicago, Illinois and Boca Ration, Florida.
To learn more about The White Law Group, visit https://www.whitesecuritieslaw.com.