Is there a fee to join the FINRA Arbitration roster?
Yes. New applicants to the FINRA Dispute Resolution arbitrator roster must pay a non-refundable application fee of $80. The purpose of this fee is to offset FINRA’s costs to verify the information provided by new arbitrator roster applicants. This fee will not be refunded under any circumstances. If a roster application is denied for any reason, or the arbitrator does not successfully complete the mandatory training, the $80 application fee will not be refunded. In order for your application to be considered, it must be submitted with your check in the amount of $80 payable to FINRA Dispute Resolution. Applications submitted without payment will be returned to the applicant. Additionally, you must complete the background information form that accompanies the application. This form will be sent directly to the outside vendor with whom FINRA has contracted to perform verification services.
