finra mediation month
October is FINRA's Mediation Settlement Month and I am once again participating. If you are involved in a FINRA matter, this is a great time to set up a mediation through FINRA and take advantage of significantly reduced mediation rates. To participate, parties must agree to mediate by October 31 and conduct the mediation by December 31.
During Mediation Settlement Month, FINRA cuts its Mediation Filing Fees in half. As a FINRA mediator, I will offer the following rates for mediation sessions:
- The amount in controversy up to $25,000 parties pay $100/party for a 4-hour mediation (Minneapolis-St. Paul only)
- The amount in controversy from $25,000.01 to $100,000 parties pay $200/party for a 4-hour mediation
- The amount in controversy over $100,000 parties pay $500/party for an 8-hour mediation
For longer sessions, I will charge a reduced hourly rate of $200. For mediations outside of the Minneapolis-St. Paul area, the parties will be responsible for my travel expenses.
You can find all the details at
http://www.finra.org/arbitration-and-mediation/october-finra-mediation-settlement-month