New York A03318 requires private arbitration organizations involved in fifty or more consumer arbitrations per year to collect, publish, and make.

New York A03318 amends the general business law to mandate that private arbitration organizations involved in fifty or more consumer arbitrations annually must collect, publish at least quarterly, and make available to the public in a computer-searchable database specific information about each arbitration. This includes details such as the names of parties involved, the amount of claims and awards, the arbitrator's name and fee, and the type of disposition. The bill also prohibits these organizations from having financial conflicts of interest in the arbitrations they administer.

New York A03318 requires private arbitration organizations involved in fifty or more consumer arbitrations per year to collect, publish, and make.

New York A03318 amends the general business law to mandate that private arbitration organizations involved in fifty or more consumer arbitrations annually must collect, publish at least quarterly, and make available to the public in a computer-searchable database specific information about each arbitration. This includes details such as the names of parties involved, the amount of claims and awards, the arbitrator's name and fee, and the type of disposition. The bill also prohibits these organizations from having financial conflicts of interest in the arbitrations they administer.