10105. Non-Waiver of FINRA Objects and Purposes
This Code was superseded by the Customer Code (Rule 12000 Series) and the Industry Code (Rule 13000 Series) on April 16, 2007, for claims filed on or after that date. The Code remains in effect, however, for cases filed before April 16, 2007.
The submission of any matter to arbitration under this Code shall in no way limit or preclude any right, action or determination by FINRA which it would otherwise be authorized to adopt, administer or enforce. If any matter comes to the attention of an arbitrator during and in connection with the arbitrator's participation in a proceeding, either from the record of the proceeding or from material or communications related to the proceeding, that the arbitrator has reason to believe may constitute a violation of FINRA Rules or the federal securities laws, the arbitrator may initiate a referral of the matter to FINRA for disciplinary investigation; provided, however, that any such referral should only be initiated by an arbitrator after the matter before him has been settled or otherwise disposed of, or after an award finally disposing of the matter has been rendered pursuant to Rule 10330 of the Code.
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Amended by SR-FINRA-2008-021 eff. Dec. 15, 2008. Amended by SR-NASD-93-75 eff. Aug. 15, 1994. Selected Notice: 08-57. |