13900. Fees Due When a Claim Is Filed
This rule is no longer applicable. NASD Rule 13900 has been superseded by FINRA Rule 13900. 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.
Filing Fees for Claims Filed by Associated Persons | |
Amount of Claim (exclusive of interest and expenses) |
Filing Fee |
$.01 to $1,000 | $50 |
$1,000.01 to $2,500 | $75 |
$2,500.01 to $5,000 | $175 |
$5,000.01 to $10,000 | $325 |
$10,000.01 to $25,000 | $425 |
$25,000.01 to $50,000 | $600 |
$50,000.01 to $100,000 | $975 |
$100,000.01 to $500,000 | $1,425 |
$500,000.01 to $1 million | $1,575 |
Over $1 million | $1,800 |
Non-Monetary/Not Specified | $1,250 |
Fees for Claims Filed by Members | |
Amount of Claim (exclusive of interest and expenses) |
Filing Fee |
$.01 to $1,000 | $225 |
$1,000.01 to $2,500 | $350 |
$2,500.01 to $5,000 | $525 |
$5,000.01 to $10,000 | $750 |
$10,000.01 to $25,000 | $1,050 |
$25,000.01 to $50,000 | $1,450 |
$50,000.01 to $100,000 | $1,750 |
$100,000.01 to $500,000 | $2,125 |
$500,000.01 to $1,000,000 | $2,450 |
$1,000,000.01 to $5,000,000 | $3,200 |
Over $5,000,000 | $3,700 |
Non-Monetary/Not Specified | $1,500 |
Partial Refund for Settlement or Withdrawal More Than 10 Days Before Hearing on the Merits | |
Amount of Claim (exclusive of interest and expenses) |
Refund |
$.01 to $1,000 | $25 |
$1,000.01 to $2,500 | $50 |
$2,500.01 to $5,000 | $125 |
$5,000.01 to $10,000 | $250 |
$10,000.01 to $25,000 | $300 |
$25,000.01 to $50,000 | $450 |
$50,000.01 to $100,000 | $750 |
$100,000.01 to $500,000 | $1,125 |
Over $500,000 | $1,200 |
Non-monetary/Not specified | $1,000 |
(d) Reimbursement of Filing Fees
In the award, the panel may order a party to reimburse another party for all or part of any filing fee paid.
Adopted by SR-NASD-2004-011 eff. April 16, 2007. Selected Notice: 07-07 |