FINRA Considering Rule Changes for Non-Attorneys In Arbitration

FINRA Requests Comment on the Efficacy of Allowing
Compensated Non-Attorneys to Represent Parties in

FINRA Rules do not prohibit non-attorneys from representing parties in arbitrations, although some states do have such a prohibition. While there are some representatives who provide competent advise to parties, there have been a number of issues over the years regarding these non-attorneys.

FINRA is now reviewing this policy and is seeking comment from members and interested parties regarding the use of non-attorneys in arbitrations.

The Regulatory Notice discussing the issue is 17-34.

Interested parties can submit their comments using
the following methods:
0 Emailing comments to

Read the entire notice before submitting a comment, and please note that the Comment Period Expires December 18, 2017