Securities Mediation

Securities mediation is an informal process where an independent party, the mediation attorney, assists people involved in a brokerage dispute to settle claims without arbitration or an expensive lawsuit. Mediation for securities-related disputes is overseen by the Financial Industry Regulatory Authority (FINRA).

The process is initiated when one party within the dispute requests a mediation attorney's assistance, and the other party agrees. A meeting between the two parties is held at the mediation attorney's office, where both sides present their case. The mediation attorney then guides each party toward a solution by asking thoughtful questions to clarify and focus the negotiations.

A session with a mediation attorney usually lasts one day, and the only out-of-pocket costs are filing fees payable to FINRA and payment to the mediation attorney for his/her time and expenses.

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