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What happens after the hearing or summary proceeding?

The arbitrators must make their decision (Award) within 30 days after the hearing or summary concludes. An Award does not contain reasons for the arbitrators' decision. It simply states the issues presented to and decided by the arbitrators, which party won, and the amount, if any, the opposing party must pay. NFA arbitration decisions are final and binding, and court review is much more limited than in litigation.

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