12700. Dismissal of Proceedings Prior to Award
(a) The panel must dismiss an arbitration or a claim at the joint request of the parties to that arbitration or claim. The dismissal will be with or without prejudice, depending on the request of the parties.
(b) The panel may dismiss a claim or an arbitration:
(1) Upon motion of a party under Rule 12206 or Rule 12504; or
(c) The panel may dismiss without prejudice a claim or an arbitration for lack of sufficient service upon a respondent.
|Amended by SR-FINRA-2022-033.
Amended by SR-FINRA-2008-021 eff. Dec. 15, 2008.
Adopted by SR-NASD-2003-158 eff. April 16, 2007.
Selected Notice: 07-07, 08-57.