FINRA Regulatory Notice 13-30: SEC Approves Amendments to Customer Arbitration Code

FINRA issued a regulatory notice regarding the SEC's approval of amendments (to FINRA Rule 12403 of the Code of Arbitration Procedure for Customer Disputes to simplify the arbitration panel selection process in cases with three arbitrators), which will become effective September 30.

See: FINRA Regulatory Notice 13-30. See also: SEC Approves FINRA Rule Change Amending Code of Arbitration Procedure (with Lofchie Comment) (September 19, 2013); FINRA-Proposed Rule Change to Amend Rule 12403 of the Code of Arbitration Procedure for Customer Disputes to Simplify Arbitrator Selection in Cases with Three Arbitrators (June 4, 2013).