Registration fees for equity crowdfunding portals also on agenda at regulator's Thursday meeting
McGladrey Litigation Review (December 4, 2013 10:35 am) -- Finra is considering raising the fees related to pursuing an arbitration claim against a brokerage firm in order to increase the pay for people who hear the cases.
Arbitrators' honoraria is one of eight items on the agenda for Thursday's meeting of the board of the Financial Industry Regulatory Authority Inc. It also will consider registration fees for equity crowdfunding portals, which must register with the broker-dealer regulator.
The results of the board votes will be posted on the Finra website after the meeting.
Finra has come under pressure this year to improve its arbitration system.
Public Investors Advocate Bar Association