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Jacob Zamansky Quoted in Bloomberg BNA Securities Law Daily – FINRA to Seek Expedited Small Claim Arbitration via Phone

February 9, 2017 In The News

FINRA recently released a report detailing plans for an expedited phone hearing option for those parties involved in an arbitration with a claim of $50,000 or less.  The report also draws attention to improvements in FINRA’s efforts to diversify its arbitrator pool, however Jacob Zamansky disagrees.  “Although FINRA has incremental changes in this area, the arbitrator pool in still mostly older white males …[p]eople feel like they’re getting a fair shake when the arbitrators look like them, so a more concerted effort needs to be made.”

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