According to FINRA, Jason Michael Fekete's suspension for failure to comply with an arbitration award has been lifted. The suspension was in effect from August 11, 2021, through February 27, 2025—a period of approximately three and a half years.

The underlying arbitration case was FINRA Arbitration Case #20-03558. The lifting of the suspension indicates that the individual has either satisfied the arbitration award or reached an agreement with the claimant.

This case illustrates that Rule 9554 suspensions can remain in effect for extended periods when individuals fail to pay arbitration awards. During this time, the individual cannot work at any FINRA member firm in any capacity, which represents a significant economic consequence.

What Investors Can Learn: The lengthy suspension in this case shows that some brokers may go years without paying arbitration awards. Investors who win awards should be prepared for potential delays in collection and should consider all available remedies, including consulting with an attorney about judgment enforcement options.