Regulatory Alert
MIAX Pearl
May 30, 2017 | 02:13 PM
Rule Change Notice - FINRA Arbitration Rules 12402, 12403 and 13403
FINRA is proposing to amend FINRA Rules 12402 and 12403 of the Code of Arbitration Procedure for Customer Disputes and FINRA Rule 13403 of the Code of Arbitration Procedure for Industry Disputes to provide that the Director of FINRA’s Office of Dispute Resolution will send the list or lists generated by the Neutral List Selection System 3 to all parties at the same time, within approximately 30 days after the last answer is due, regardless of the parties’ agreement to extend any answer due date.
In accordance with the incorporation by reference of FINRA’s arbitration rules, MIAX PEARL is required to inform its Members of rule changes to FINRA’s arbitration rules published by the Securities and Exchange Commission.
Please refer to MIAX PEARL Regulatory Circular 2017-42 for further details.
Questions should be directed to the Regulatory Department at (609) 897-7309 or Regulatory@miaxglobal.com.