What Is the Difference Between Statutes of Limitation and the Eligibility Rule in FINRA Arbitration?
Video Summary: The FINRA Time Limitation on Submission of Claims is generally six (6) years. But this can change based on your circumstances.
Statues of Limitations vary from state to state as statues limitations are applied usually in a court of law. The eligibility rule under FINRA is a prescribed six-year rule from the date of discovery of the wrongdoing.