Regulatory Notice 11-23

Five-Day Period for Replies to Responses to Motions in Arbitration

Effective Date: June 6, 2011

Executive Summary

Effective June 6, 2011, a moving party (the party that makes the original motion in an arbitration) will have a five-day period to reply to a response to a motion. This five-day period gives parties an opportunity to brief fully the issues in dispute, and ensure that arbitrators deciding a motion have all the motion papers before issuing a final decision.

 

The amendments to the Customer and Industry Codes of Arbitration Procedure (the Codes) apply to motions in all cases and are set forth in Attachment A. 
 

Questions concerning this Notice should be directed to:

• Richard W. Berry, Senior Vice President and Director of Case Administration and Regional Office Services, Dispute Resolution (DR), at (212) 858-4307 or email; or
• Margo A. Hassan, Assistant Chief Counsel, DR, at (212) 858-4481 or email.