*Letters

SIA Submits Comments to the NASD on Proposed Change to Restrictions of Eligibility to Serve as a Public Arbitrator

Published on:
September 11, 2003

The Securities Industry Association (SIA)* provides comments to the National Association of Securities Dealer (NASD) ona proposed change to rule 10308: restrictions of eligibility to serve as a public arbitrator, File No. SR-NASD-2003-95 – NASD. The intended purpose of the rule proposal is to implement various changes to the arbitrator disclosure provisions, as well as to the definition of public and non-public arbitrators consistent with the Perino Report (Arbitrator Conflict Disclosure Requirements in NASD and NYSE Securities Arbitrations). SIA urges the SEC to reject portions of the proposal. Approval of the NASD could severely reduce the number of competent candidates eligible to serve in the role of public arbitrators.

*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.

Details

Download

More Content

  • Amicus Briefs
    Oct 05, 2026

    In re The Boeing Company Securities Litigation

  • Letters
    Oct 05, 2026

    Reducing Duplicative Regulation and Expanding Exemptions for Commodity Pool Operators and Commodity Trading Advisors

    SIFMA AMG comments on CFTC proposals to reduce duplicative regulation for certain CPOs and CTAs and account for inflation.
  • Letters
    Sep 30, 2026

    Proposed Rule Change to Amend FINRA Rules 0150, 2165, 4512 and to Adopt FINRA Rule 2166

    SIFMA Comments to SEC in support of the proposed rule changes to improve the utilization of Rules 2165 and 4512, as well as the new Rule 2166 to allow for a temporary delay for suspected fraud.

Get the latest trends, stats, and research on financial markets and securities.