Study FINRA dispute-resolution processes, arbitration rules, awards, and remedies tested on the Series 7.
Disputes between customers, firms, and registered representatives are usually handled through FINRA arbitration or mediation rather than through ordinary court litigation. The Series 7 expects you to know the purpose of each process, how claims move through the forum, and why awards matter operationally for firms and representatives.
This chapter starts with the dispute-resolution framework, then covers the core FINRA arbitration rules, and ends with awards, enforcement, and the remedies that can follow a successful claim.