Regulatory Notice 18-21

SEC Approves Amendments to Arbitration Codes to Provide an Additional Hearing Option in Simplified Arbitration

Effective Date: September 17, 2018

Summary

FINRA has amended its rules to provide a new option for simplified arbitration. The amendments provide an additional hearing option for parties in arbitration with claims of $50,000 or less, excluding interest and expenses.

The amendments are effective September 17, 2018.

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

Questions concerning this Notice should be directed to:

  • David Carey, Associate Director, Office of Dispute Resolution, at (212) 858-4333; or
  • Kristine Vo, Assistant Chief Counsel, Office of Dispute Resolution, at (212) 858-4106.