FINRA Dispute Resolution to Hold Arbitrator and Mediator Recruitment Event at Congressional Black Caucus Conference September 21 – 23

WASHINGTON–(BUSINESS WIRE)–The Financial Industry Regulatory Authority (FINRA) announced today that
FINRA’s Office of Dispute Resolution is holding an arbitrator and
mediator recruitment event at the Congressional Black Caucus Foundation
Annual Legislative Conference in Washington, D.C., September 21 –
September 24. FINRA’s participation is part of an overall recruitment
campaign launched in December 2015 to expand the depth and diversity of
the arbitrator and mediator roster. As part of this campaign, FINRA
attends 15 diversity-based professional conferences each year with a
focus on adding arbitrators from diverse backgrounds, professions and
geographical locations. FINRA attended the Congressional Black Caucus
conference last year.

The event will take place at the Walter E. Washington Convention Center,
and FINRA will have a booth in the Exhibit Hall open on September 21
from 12 p.m. – 7 p.m., September 22 from 9 a.m. – 7 p.m., and September
23 from 8 a.m. – 4 p.m. Interested candidates with at least five years
of professional work experience and two years of college credits are
encouraged to attend the program to learn how to become
an arbitrator

U.S. Congressman Gregory W. Meeks said, “I am pleased that FINRA is
working closely with the Congressional Black Caucus to add more
African-Americans and other minorities to its roster of arbitrators and
mediators. This demonstrates FINRA’s commitment to enhancing diversity
and I hope they continue to move the ball forward.”

Richard Berry, Executive Vice President, FINRA’s Office of Dispute
Resolution, said, “We are happy to once again partner with the
Congressional Black Caucus and are very grateful for Representative
Meeks’ support of our increased efforts to recruit individuals from more
diverse backgrounds. We are encouraged by the data we have seen so far
that demonstrates the different tactics we are taking are working. While
we are encouraged by the incremental progress made, we recognize this is
a long-term effort and are fully committed to achieving our diversity

Also, as part of this campaign, FINRA today launched “Our
Commitment to Achieving Arbitrator and Mediator Diversity at FINRA
a section of its website containing data on the current demographic
makeup of the roster. To initially assess and then track progress on an
annual basis, FINRA hired a third-party consultant to survey arbitrators
and mediators. The survey results showed particular success in
recruiting more African-Americans and women. Of those who joined the
roster in 2016, 14 percent were African-American and 33 percent were
women, compared to 4 percent and 26 percent, respectively, in 2015. In
sharing the findings, FINRA strives to provide transparency about the
current makeup of the roster.

FINRA is dedicated to investor protection and market integrity. It
regulates one critical part of the securities industry – brokerage firms
doing business with the public in the United States. FINRA, overseen by
the SEC, writes rules, examines for and enforces compliance with FINRA
rules and federal securities laws, registers broker-dealer personnel and
offers them education and training, and informs the investing public. In
addition, FINRA provides surveillance and other regulatory services for
equities and options markets, as well as trade reporting and other
industry utilities. FINRA also administers a dispute resolution forum
for investors and brokerage firms and their registered employees. For
more information, visit

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