NASD Notice to Members 03-64 - October 2003

New Arbitrator Applicants Must Undergo Background Verification and Pay Fee; Effective October 1, 2003

Executive Summary

On September 25, 2003, the Securities and Exchange Commission (SEC) approved a proposal to conduct background verification and charge an application fee for NASD neutral roster applicants.

 

Questions regarding this Notice may be directed to Jean I. Feeney, Vice President and Chief Counsel, NASD Dispute Resolution, at (202) 728-6959 or by e-mail; or Barbara L. Brady, Associate Vice President and Director of Neutral Management, at (212) 858-4352 or by e-mail.