This rule is no longer applicable. NASD
Rule 14100 has been superseded by FINRA Rule 14100. Please consult the appropriate FINRA Rule.
Unless otherwise defined in the Code, terms used in the Code and interpretive material, if defined in the NASD By-Laws, shall have the meaning as defined in the NASD By-Laws.
(a) Board
The term "Board" means the Board of Directors of NASD Dispute Resolution, Inc.
(b) Code
The term "Code" means the NASD Code of Mediation Procedure.
(c) Director
The term "Director" in the Rule 14000 Series refers to the Director of Mediation at NASD Dispute Resolution. Unless the Code or any other NASD rule provides otherwise, the term includes NASD staff to whom the Director of Mediation has delegated authority.
(d) Matter
The term "matter" means a dispute, claim, or controversy.
(e) NAMC
The term "NAMC" means the National Arbitration and Mediation Committee of the Board of Directors of NASD Dispute Resolution, Inc.
(f) NASD
Unless the Code specifies otherwise, the term "NASD" includes NASD, Inc., and NASD Dispute Resolution, Inc.
(g) NASD Customer Code
The term "NASD Customer Code" means the NASD Code of Arbitration Procedure for Customer Disputes.
(h) NASD Industry Code
The term "NASD Industry Code" means the NASD Code of Arbitration Procedure for Industry Disputes.
(i) Submission Agreement
The term "Submission Agreement" means the NASD Mediation Submission Agreement. The NASD Mediation Submission Agreement is a document that parties must sign at the outset of a mediation in which they agree to submit to mediation under the Code.
