August 7, 2007
I will miss the lower fees for Simplified Arbitration for cases filed under the New York Stock Exchange.
For example a Simplified case under NYSE Rules for amounts $10,001-$25,000 is $200. vs $425 under FINRA (NASDR).
Lesser Claim amounts are sinilarrly higher fees.
Filing against the large NYSE firms is diificult enough for the customer, why make it cost more too?