Regulatory Notice 10-11

Amendments to the Arbitration Rules Regarding Deficient Claims

Effective Date: March 22, 2010

Effective March 22, 2010, the Codes of Arbitration Procedure for Customer and Industry Disputes are amended to clarify that if a claim deficiency is corrected within 30 days from the time a party receives notice of a deficiency, the claim will be considered filed on the date the initial statement of claim was filed.

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

Questions concerning this Notice should be directed to:

  • Kenneth L. Andrichik, Senior Vice President, Chief Counsel and Director of Mediation and Strategy, Dispute Resolution (DR), at (212) 858-3915; or
  • Mignon McLemore, Assistant Chief Counsel, DR, at (202) 728-8151.