The NASD, through its wholly owned subsidiary, NASD Dispute Resolution, Inc., has filed with the SEC a proposed rule change to amend Rule 10333 of the Code of Arbitration Procedure to raise member surcharges, and hearing and prehearing process fees paid by members.
NASD has filed with the SEC a proposed rule change to extend the pilot rule in IM-10100, paragraphs (f) and (g), of the NASD Code of Arbitration Procedure (Code) to require industry parties in arbitration to waive application of contested California arbitrator disclosure standards, upon the request of customers or, in industry cases, of associated persons with claims of statutory employment
NASD has filed with the SEC a proposed rule change to amend the pilot rule in IM-10100(f) and (g) of the Code of Arbitration Procedure.
The NASD, through its wholly owned subsidiary, NASD Dispute Resolution, Inc., has filed with the SEC a proposed rule change to the NASD Code of Arbitration Procedure to provide default procedures for situations in which a suspended, terminated or otherwise defunct member or associated person fails to answer or participate in an arbitration proceeding, and the claimant nevertheless elects to
NASD has filed a proposal to conduct background verification and charge an application fee for NASD neutral roster applicants. NASD is not proposing any textual changes to the By-Laws or Rules of NASD.
The NASD, through its wholly owned subsidiary, NASD Dispute Resolution, Inc., has filed with the SEC proposed rule change to the NASD Code of Arbitration Procedure to amend the procedure followed upon the disqualification or other disability of an arbitrator on a three-person arbitration panel.
NASDR has filed with the SEC a proposed rule change to amend Rule 3020 of the National Association of Securities Dealers, Inc. to grant to the staff authority to adjust the fidelity bond required of a member in certain circumstances upon a showing of good cause, either conditionally or unconditionally.
NASD has filed with the SEC a proposed change to Rule 9514 to change the composition of the Hearing Panel for proceedings under the Rule 9510 Series in which NASD Regulation seeks to suspend or cancel the membership of a member or the registration of a person for failure to comply with an arbitration award or a settlement agreement related to an NASD arbitration or mediation.
NASDR has filed with the SEC a proposed rule change to amend NASD Books and Records Rule 3110 and NASD Order Audit Trail System Rules 6954 and 6957 to (1) require members to record certain information when an order is transmitted to a non-member; (2) explicitly detail the record- keeping requirements that will apply to OATS data; (3) require members to record and maintain information related to
NASDR has filed with the SEC a proposed rule change to Rule 10335 of the Code of Arbitration Procedure of the National Association of Securities Dealers, Inc. to extend the effectiveness of the rule for six months.