Investor Advocacy Clinic Program

The Investor Advocacy Clinic Program was launched by the FINRA Investor Education Foundation in 2009 to provide start-up funding and assistance to law schools to establish investor advocacy clinics in high-need areas.


In the event that individual investors have a dispute with a securities professional, they often fare better if they are represented by an attorney with experience in securities arbitration. Arbitration is the most widely used means of resolving disputes in the securities industry. In most cases, attorneys represent all the parties on both sides of a dispute. However, investors with relatively modest claims often cannot find an attorney to represent them on a contingency basis and they often cannot afford the hourly rate for representation.


The clinics help to fill the gap in legal representation for small investors. They enable supervised law students to provide legal assistance and other advice to investors at little or no cost.


Eight grants were awarded under this program to law schools that demonstrated a robust commitment to clinical education and investor education through creative and proactive community outreach.


We are not currently accepting applications or queries about grant funding through this program.


For additional information about the Investor Advocacy Clinic Program, please contact Susan Sarver of the FINRA Foundation, (202) 728-6948.