IIROC invites public comment on arbitration program

IIROC issued a Rules Notice Request for Comments on its Review of IIROC Arbitration Program.
Commencing in the fall of 2008, IIROC undertook a comprehensive review and evaluation of the arbitration program. The results are discussed in the Notice.

IIROC invites public comment on the matters raised in the Notice and, particularly, the following:

1. the benefits of arbitration and the viability of the program;

2. the experience of parties to arbitration cases under the program and suggestions to improve effectiveness and utilization of the program; and

3. IIROC’s proposal to increase the award limit under the program from the current limit of $100,000.

Comments will be accepted until March 16, 2010. Comments will be posted on the IIROC web site.

About The Author

Felix Shipkevich

Felix Shipkevich is a Manhattan-based attorney and general counsel for Shipkevich Law Firm. He has extensive experience working with the CFTC and NFA on registration, compliance, and enforcement issues for CPOs, CTAs, FCMs, IBs, and RFEDs. Felix also practices intellectual property and corporate governance law.