Simplified arbitration.  If you use NASD Dispute Resolution, Inc. and your claim is $25,000 or less, you generally will not have to appear in person at a hearing. Under NYSE Rule 601 rules, the threshold is similarly $25,000. In simplified arbitrations, the arbitrator will make a decision on your case by reviewing documents and written descriptions of what happened from you and your broker. This is a less costly alternative because you do not have to travel to a hearing and appear in person to give testimony and answer questions. You should carefully review the rules governing simplified arbitration before you file a claim.