Regulatory Notice 09-36

SEC Approves an Amendment to the Tolling Provision in the Arbitration Codes for Customer and Industry Disputes; Effective Date: August 10, 2009

Executive Summary

An amendment to the Arbitration Codes for Customer and Industry Disputes that clarifies that the rules toll—i.e., temporarily suspend—the applicable statutes of limitation when a person files an arbitration claim with FINRA becomes effective August 10, 2009, and will apply to claims filed on or after that date.

 

The text of the amendments is set forth in Attachment A.

 

Questions concerning this Notice should be directed to:

 

  • Kenneth L. Andrichik, Senior Vice President, Chief Counsel and Director of Mediation and Business Strategy, Dispute Resolution, at (212) 858-3915 or by email; or 
  • Mignon McLemore, Assistant Chief Counsel, Dispute Resolution, at (202) 728-8151 or by email.