Refund of Member Surcharges in Arbitration

NASD has filed with the SEC a proposed rule change to amend Rule 10333(a) of the NASD Code of Arbitration Procedure ("Code") to provide that, in certain circumstances, NASD will refund the member surcharge paid by a member firm named as a party to an arbitration proceeding (or where its employee/former employee has been named as a party).

TitleFormat - SizeStatus
Approval OrderPDF - 45.79 KB
Text of proposed rule changePDF - 28.27 KB