Proposed Rule Change to Amend the Definition of "Associated Person," Streamline a Case Administration Procedure, and Clarify that Customers Could be Assessed Hearing Fees Based on Their Own Claims for Relief in Connection with an Industry Claim

Financial Industry Regulatory Authority, Inc. (“FINRA”) (f/k/a National Association of Securities Dealers, Inc. (“NASD”)) is filing with the Securities and Exchange Commission (“SEC” or “Commission”) a proposed rule change to amend Rules 12100(r), 12506(a), and 12902(a) of the Code of Arbitration Procedure for Customer Disputes (“Customer Code”) and Rule 13100(r) of the Code of Arbitration Procedure for Industry Disputes (“Industry Code”) to amend the definition of “associated person,” streamline a case administration procedure, and clarify that customers could be assessed hearing session fees based on their own claims for relief in connection with an industry claim.

DateTitleFormat - SizeStatus
6/5/2009Text of Proposed Rule ChangePDF - 164.22 KB
7/6/2009Federal Register NoticePDF - 59.87 KB
8/7/2009Extension No. 1PDF - 19.58 KB
8/10/2009Response to CommentsPDF - 42.4 KB
8/10/2009Extension No. 2PDF - 23.6 KB
10/9/2009Extension No. 3PDF - 27.64 KB
10/16/2009Amendment No. 1 to Proposed Rule ChangePDF - 39.82 KB
10/16/2009Approval OrderPDF - 65.5 KB