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Arbitration is a popular dispute resolution alternative to time
consuming and costly litigation. The success of NFA's arbitration
program is directly tied to the quality of the individuals who serve
as arbitrators. There are currently over 2,400 individuals on the NFA
roster. They come from various professions and walks of life, but the
skills they share are integrity, impartiality and sound judgment. NFA
also considers an individual's educational background and business
experience. However, technical expertise in the commodity futures
markets is not a requirement.
If you're interested in the program, learn more by using the following resources:
If you decide to apply:
While training is essentially on-the-job, once you agree to serve on a case,
we will send you a interactive CD to help you meet your mandatory training
requirements and understand your responsibilities as an NFA Arbitrator. Other
helpful resources are:
- Legal and Procedural Issues for NFA Arbitrators, which highlights issues that frequently occur in futures-related disputes.
- NFA Arbitrators: Chairperson's Handbook, which offers guidance to those responsible for chairing NFA hearings.
- Online Training - To remain eligible to serve as an NFA arbitrator, all NFA arbitrators are required to
complete an arbitrator training program at least once every three years. In an effort
to provide a convenient and efficient method for arbitrators to satisfy this necessary
training, NFA now offers two online training programs to help you satisfy your mandatory
training requirement.
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