13511. Discovery Sanctions
This rule is no longer applicable. NASD Rule 13511 has been superseded by FINRA Rule 13511. Please consult the appropriate FINRA Rule.
The Industry Code will apply to claims filed on or after April 16, 2007. In addition, the list selection provisions of the Industry Code will apply to previously filed claims in which a list of arbitrators must be generated after April 16, 2007; in these cases, however, the claim will continue to be governed by the remaining provisions of the old Code unless all parties agree to proceed under the new code.
Failing to comply with the discovery provisions of the Code, unless the panel determines that there is substantial justification for the failure to comply; or
- Frivolously objecting to the production of requested documents or information.
Adopted by SR-NASD-2004-011 eff. April 16, 2007.
Selected Notices: 07-07