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14105. Effect of Mediation on Arbitration Proceedings
This rule is no longer applicable. NASD Rule 14105 has been superseded by FINRA Rule 14105. Please consult the appropriate FINRA Rule.
(a) Unless the parties agree otherwise, the submission of a matter for mediation will not stay or otherwise delay the arbitration of a matter pending at NASD. If all parties agree to stay an arbitration in order to mediate the matter, the arbitration will be stayed, notwithstanding any provision to the contrary in this Code or any other NASD rule.
(b) If mediation is conducted through NASD, no postponement fees will be charged for staying the arbitration in order to mediate.
Renumbered from Rule 10406 and amended by SR-NASD-2007-022 eff. April 16, 2007.
Adopted by SR-NASD-2004-013 eff. Jan. 30, 2006.
Selected Notice: 05-85.