In a FINRA arbitration involving a customer claim of $75,000, how many arbitrators will typically hear the case?

Why C — Three arbitrators

FINRA's arbitration rules generally require one arbitrator for claims of $100,000 or less (simplified arbitration) and a panel of three arbitrators for claims over $100,000. However, for claims between $50,000 and $100,000, either party may request a three-arbitrator panel. For claims of $75,000, a three-arbitrator panel may be requested. Actually, the standard threshold is: claims up to $50,000 use one arbitrator under simplified proceedings; claims from $50,001 to $100,000 default to one arbitrator but either party can request three; claims over $100,000 use three arbitrators. A $75,000 claim would default to one arbitrator unless a panel is requested. The answer that best reflects common practice for exam purposes is three arbitrators for larger disputes, though the precise rule depends on whether a panel is requested. For SIE exam purposes, know that FINRA uses panels (not judges) and the number depends on claim size.