Notice to Members 04-56

SEC Approves Amendments to Rule 10314 to Implement the Online Arbitration Claim Filing System

Effective August 5, 2004

The Securities and Exchange Commission (SEC) has approved amendments to Rule 10314 of the NASD Code of Arbitration Procedure (Code) to allow parties to complete part of the arbitration claim filing process through the Internet.1 The text of the amendments is set forth in Attachment A. The amendments will be effective on August 5, 2004 and will apply to any arbitration claims commenced using the system on or after August 5, 2004.

Questions regarding this Notice may be directed to Mignon McLemore, Counsel, NASD Dispute Resolution, at (202) 728-8151 or via e-mail.