At least 20 days before the first scheduled hearing date, all parties must provide all other parties with copies of all documents and other materials in their possession or control that they intend to use at the hearing that have not already been produced. The parties should not file the documents with the Director or the arbitrators before the hearing.

(a) Upon motion of a party, the panel may order the following without the use of subpoenas:

(b) The motion must include a draft order and must be filed with the Director. The requesting party must serve the motion and draft order on each other party.

(a) To the fullest extent possible, parties should produce documents and make witnesses available to each other without the use of subpoenas.

(a) Failure to cooperate in the exchange of documents and information as required under the Code may result in sanctions.

Depositions are strongly discouraged in arbitration.

(a) A party may make a motion asking the panel to order another party to produce documents or information if the other party has:

(a) If a party objects to producing any document described in Document Production Lists 1 or 2 or any document or information requested under Rule 12507, it must specifically identify which document or requested information it is objecting to and why. Objections must be in writing, and must be served on all other parties.

(a) Making Other Discovery Requests

(a) Applicability of Document Production Lists

The Director will notify parties of the location of the FINRA Discovery Guide and Document Production Lists on FINRA's Web site, but will provide a copy to the parties upon request.

The parties must cooperate to the fullest extent practicable in the exchange of documents and information to expedite the arbitration.