How were arbitrators selected in Pilot Program cases?
• Each separately represented party received three lists of potential arbitrators: a list of ten chair-qualified public arbitrators, a list of ten public arbitrators, and a list of ten non-public arbitrators. • Each separately represented party was permitted to strike up to four arbitrators from the chair-qualified list and four arbitrators from the public arbitrator list, for any reason. • Each party was given the opportunity to rank the remaining arbitrators on the lists according to preference. • FINRA consolidated the chair-qualified and public arbitrator lists and appointed the highest-ranked available arbitrator from each list. The arbitrator selection procedures for Pilot Program cases with respect to non-public arbitrators were as follows: • Each separately represented party was permitted to strike up to all ten names on the non-public arbitrator list. • If the parties ranked one or more non-public arbitrators, FINRA appointed the highest-ranked non-public arbitrator who was av
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