This rule is no longer applicable. NASD
Rule 14107 has been superseded by FINRA Rule 14107. Please consult the appropriate FINRA Rule.
(a) A mediator may be selected:
• By the parties from a list supplied by the Director;
• By the parties from a list or other source of their own choosing; or
• By the Director if the parties do not select a mediator after submitting a matter to mediation.
(b) For any mediator assigned or selected from a list provided by NASD, the parties will be provided with information relating to the mediator's employment, education, and professional background, as well as information on the mediator's experience, training, and credentials as a mediator.
(c) Any mediator selected or assigned to mediate a matter shall comply with the provisions of NASD Customer Code Rule 12408 or NASD Industry Code Rule 13408, unless, with respect to a mediator selected from a source other than a list provided by NASD, the parties elect to waive such disclosure.
(d) No mediator may serve as an arbitrator of any matter pending in NASD arbitration in which he served as a mediator; nor may the mediator represent any party or participant to the mediation in any subsequent NASD arbitration relating to the subject matter of the mediation.
