Motion Practice – Five Day Reply Period for Responses in Arbitration – Regulatory Notice 11-23 Effective June 6, 2011, a moving party will have five days to reply to a response to a motion. FINRA amended Rules 12206 and 13206 (Time Limits), Rules 12503 and 13503 (Motions), and Rules 12504 and 13504 (Motions to Dismiss) to …
Arbitration Practice – Motion Response and Promissory Note Proceedings Read More »
FINRA announced in Regulatory Notice 11-17 that a revised Discovery Guide and Document Production Lists for Customer Arbitration Proceedings was approved by the SEC and will be effective May 16, 2011 (and apply to customer cases filed on or after such date). The revised Discovery Guide changes not only the format, but also substantive changes that expand the scope …
On February 1, 2011, FINRA amended the Code of Arbitration Procedure for Customer Disputes to allow customers with claims in excess of $100,000 to have two options for panel composition, either: (i) majority-public panel with two public and one non-public arbitrator or (ii) optional all public panel with all public arbitrators. For further information, including …
FINRA Arbitration Panel Composition – Regulatory Notice 11-05 Read More »
