FINRA Still Struggling to Diversify Arbitrator Pool

The Financial Industry Regulatory Authority told Bloomberg BNA that it has dramatically expanded resources to tackle
recruitment and diversity concerns, while admitting there’s more work to be done in what’s likely to be a “long slow process
with incremental progress.”
That’s not fast enough for attorneys who represent investors, such as Jacob H. Zamansky of Zamansky LLC, New York. “It’s
very important to investors that arbitrators have diverse backgrounds like jury pools in court cases in most cities,” Zamansky
told Bloomberg BNA.

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