Under faculty supervision, students are assigned to cases referred to Cardozo by the New York Stock Exchange, the National Association of Securities Dealers, and the American Arbitration Association. Students serve as advocates for the claimants and conduct all phases of typical securities arbitrations, including case in-take, case development, discovery, settlement negotiation, mediation, and representation of the claimants before a duly constituted arbitration panel. The clinic is a unique opportunity to have a hands-on experience and to develop client-relation and mediation and arbitration advocacy skills.

Coursework includes study of the fundamental principles of securities arbitration, an overview of the state and federal securities and other laws relevant to typical investor claims against broker-dealers and clearing firms, and instruction on ethical issues and guidelines concerning all aspects of the clinic's practice.