Predispute Arbitration Agreements in Account Paperwork

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What this video covers

  • The seven mandatory disclosure points that must precede the signature, including the loss of jury-trial rights, limited discovery, and finality of awards
  • The 20-day joint-request deadline for an explained decision, and why a single party cannot trigger it alone
  • The highlighted statement required immediately before the signature line, and why it must specify the exact page and paragraph of the arbitration clause
  • The 30-day unprompted delivery clock versus the 10-business-day on-request clock, and which deadline controls when the two overlap
  • The four prohibited conditions: no limitation on self-regulatory organization (SRO) rules, arbitration access, permitted court claims, or arbitrators' award power
  • The class action carve-out, and why it is temporary rather than a permanent exit from arbitration
  • The all-or-nothing rule when a firm seeks to compel arbitration against a customer who sued in court

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This video's complete written lesson is free to read in the CertFuel app, no signup wall. The complete Series 82 course also includes adaptive practice questions and spaced-repetition flashcards, available in Free Beta.

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