Posted On: 09/01/2015 7:06:07 PM
Post# of 11040
https://www.finra.org/arbitration-and-mediation/settlement
http://finra.complinet.com/en/display/display...t_id=11692
http://www.insidecounsel.com/2014/10/31/4-tip...ns-with-th
Settlement
The majority of FINRA mediations conclude with a settlement between the parties. While mediation is non-binding, once parties sign a settlement agreement, the agreement is final and enforceable.
When the parties reach an agreement, they are responsible for recording the settlement in writing. The mediator will help the parties document the terms of the settlement, even if it is handwritten, and have the parties execute the agreement. This agreement may be finalized formally at a later date.
FINRA will assist parties with enforcing written settlement agreements executed by the parties.
The Real Lawman
http://finra.complinet.com/en/display/display...t_id=11692
http://www.insidecounsel.com/2014/10/31/4-tip...ns-with-th
Settlement
The majority of FINRA mediations conclude with a settlement between the parties. While mediation is non-binding, once parties sign a settlement agreement, the agreement is final and enforceable.
When the parties reach an agreement, they are responsible for recording the settlement in writing. The mediator will help the parties document the terms of the settlement, even if it is handwritten, and have the parties execute the agreement. This agreement may be finalized formally at a later date.
FINRA will assist parties with enforcing written settlement agreements executed by the parties.
The Real Lawman
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The Real Lawman
