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IPHC Scheduling Order FINRAorg Finra Form

IPHC Scheduling Order FINRAorg Finra Form

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[Music] and I want to spend a couple of minutes next speaking about the timeliness of bringing a claim in the FINRA dispute resolution forum so for customer disputes the FINRA code of arbitration procedure has a specific rule on when you must bring a case and that's rule 12 206 and it's X sets forth what's what's called the six year eligibility rule so it's not technically a statute of limitations instead it's a rule allowing for a claim to be filed within six years of the quote-unquote event or sorry occurrence or event giving rise to the cause of action now you should know that even though respondents may well bring up statutes of limitations which could be shorter than six years it is actually that six year eligibility rule that that typically governs the timeliness of a claim now different states vary on whether statutes of limitations even apply in the FINRA forum and New York it does not have a definitive rule on it other states do but in every in almost every state you should ex

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