Sec. 4.4  Except as otherwise provided by law, these By-Laws, or the Delegation Plan, Directors of FINRA Dispute Resolution shall be elected each year at the annual meeting of the stockholder, or at a special meeting called for such purpose in lieu of the annual meeting.

Sec. 4.3  (a) The Board shall consist exclusively of members of the FINRA Board. The number of Public Directors shall exceed the number of Industry Directors.

Sec. 4.2  The exact number of Board members will be determined by resolution adopted by the stockholder of FINRA Dispute Resolution from time to time.

Sec. 4.1  The property, business, and affairs of FINRA Dispute Resolution shall be managed by or under the direction of the Board.

Sec. 3.1  Any action required or permitted by law to be taken at any meeting of the stockholder of FINRA Dispute Resolution may be taken without a meeting, without prior notice and without a vote, if a consent in writing, setting forth the action so taken, is signed by the holder of the outstanding stock.

Sec. 2.2  In the manner permitted by law, the Board or the registered agent may change the address of FINRA Dispute Resolution's registered office in the State of Delaware and the Board may make, revoke, or change the designation of the registered agent.

Sec. 2.1  The address of the registered office of FINRA Dispute Resolution in the State of Delaware and the name of the registered agent at such address shall be: Corporate Creations Network Inc., 1308 Delaware Avenue, Wilmington, Delaware 19806.