Dispute resolution


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Dispute Resolution

Any method of resolving a conflict without resorting to a lawsuit. Dispute resolution involves the disputing parties agreeing that a neutral arbiter will hear the arguments of both sides and render a binding decision. In investing, arbiters in dispute resolution may be FINRA, the New York Stock Exchange, or the SEC, depending on the type of disagreement. Dispute resolution is nearly always less expensive than a lawsuit because there are no appeals (and fewer lawyers).
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Dispute resolution.

Dispute resolution -- sometimes called alternative dispute resolution -- refers to methods of resolving conflicts between parties or individuals that doesn't involve litigation.

Mediation and arbitration are two forms of dispute resolution that are frequently used when conflicts arise between investors and the brokers or investment advisers with whom they work.

If you have a conflict that you've been unable to resolve by talking with your broker and the firm, you can file a complaint with NASD or the New York Stock Exchange (NYSE), the self-regulatory body that regulates brokerage firms and uses mediators and arbitrators to help resolve disputes. If your conflict is with a registered investment adviser, you should contact the Securities and Exchange Commission (SEC).

Advocates of dispute resolution note that it tends to be quicker, cheaper, and less confrontational than litigation.

Dictionary of Financial Terms. Copyright © 2008 Lightbulb Press, Inc. All Rights Reserved.
References in periodicals archive ?
FairClaims is an online dispute resolution platform that works with organizations like the Better Business Bureau, HomeAdvisor, Turo, and HomeAway to resolve claims online.
* A Mentoring Academy scheduled to occur in October that provides mentoring for how to transition to a dispute resolution practice from a direct representation practice or what is needed to maintain both, as well as a practicum of advanced mediation techniques and skills for mediators who have some experience mediating or arbitrating cases.
It is on the above premise that the Judiciary has pegged its move and emphasis to Alternative Dispute Resolution.
For instance, reconciliation, mediation, arbitration and traditional dispute resolution mechanisms are acknowledged by the supreme law of the land.
The basic purpose of establishment of dispute resolution councils is to provide prompt and free of cost justice to the public.
Choosing the right dispute resolution method can minimise disruption, maintain confidentiality over a dispute, and manage the legal costs, according to Sheila Webster, partner at Davidson Chalmers.
"However, in terms of construction dispute resolution, Abu Dhabi has a number of Abu Dhabi specific tools available at its disposal - Abu Dhabi Commercial Conciliation and Arbitration Centre (Adccac) and Abu Dhabi Global Markets (ADGM) are two examples of that.
He said that the fundamental purpose of introducing alternate dispute resolution mechanisms by the LCCI was to help local and foreign companies avoid litigation constraints.
The support to the new FTP was conditional to the decision of the Dispute Resolution Committee', Sethi said
Bhatti said dispute resolution will help promote international trade in Pakistan by aligning trade governance with international best practices under the World Trade Organisation and United Nations Commission on International Trade Law (UNCITRAL) models.
LAHORE -- The World Bank is working in conjunction with Pakistan and India to find an amicable solution over the recent differences regarding dispute resolution mechanism in Kishanganga hydropower project under the Indus Waters Treaty.