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Proposed Rule Change Relating to Broadening Chairperson Eligibility in Arbitration

Financial Industry Regulatory Authority, Inc. ("FINRA") is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend Rule 12400 of the Code of Arbitration Procedure for Customer Disputes ("Customer Code") and Rule 13400 of the Code of Arbitration Procedure for Industry Disputes ("Industry Code") (together, "Codes") to provide that an attorney arbitrator would be eligible for the chairperson roster if he or she completes chairperson training and serves as an arbitrator through award on at least one arbitration, instead of two arbitrations, administered by a self-regulatory organization ("SRO") in which hearings were held.

Title Format - Size Status
Text of the Proposed Rule Change PDF - 82.14 KB
Federal Register Notice PDF - 198.49 KB
Extension No. 1 PDF - 49.36 KB
Response to Comments PDF - 62.98 KB
Approval Order PDF - 222.13 KB