We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

NASD Proposes More Changes To Arbitration Code

Law360 (May 4, 2006, 12:00 AM EDT) -- The National Association of Securities Dealers’ Dispute Resolution arm has asked the U.S. Securities and Exchange Commission to approve a set of modifications to its current arbitration procedures, in hopes of simplifying and reorganizing the current system.

The NASD has proposed improvements that will divide the current arbitration policy into three separate codes: a customer code, an industry code and a mediation code.

The NASD said it hopes that breaking down the current code will clarify procedures, allowing parties to more easily determine which rules apply...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.