IM-10308. Arbitrators Who Also Serve as Mediators
This Code was superseded by the Customer Code (Rule 12000 Series) and the Industry Code (Rule 13000 Series) on April 16, 2007, for claims filed on or after that date.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.
Mediation services performed by mediators who are also arbitrators shall not be included in the definition of "professional work" for purposes of Rule 10308(a)(4)(C), so long as the mediator is acting in the capacity of a mediator and is not representing a party in the mediation.
Mediation fees received by mediators who are also arbitrators shall not be included in the definition of "revenue" for purposes of Rule 10308(a)(5)(A)(iv), so long as the mediator is acting in the capacity of a mediator and is not representing a party in the mediation.
Arbitrators who also serve as mediators shall disclose that fact on their arbitrator disclosure forms.
| Amended by SR-FINRA-2008-021 eff. Dec. 15, 2008. Adopted by SR-NASD-2005-007 eff. May 6, 2005. Selected Notices: 05-36, 08-57. |