Proposal to Limit Enforcement of Predispute Arbitration Agreements by Terminated or Suspended Members

The NASD, through its wholly owned subsidiary, NASD Dispute Resolution, Inc., has filed with the SEC a proposed rule change to amend Rule 10301of the NASD Code of Arbitration Procedure to prohibit a firm that has been terminated, suspended, or barred from the NASD, or that is otherwise defunct, from enforcing a predispute arbitration agreement against a customer in the NASD arbitration forum.

TitleFormat - SizeStatus
Approval OrderPDF - 40.64 KB
Text of proposed rule changePDF - 27.64 KB
Amendment No. 1 to Proposed Rule ChangePDF - 18.39 KB
Amendment No. 2 to Proposed Rule ChangePDF - 4.63 KB
Federal Register NoticePDF - 44.46 KB