Proposal Relating to Qualified Immunity in Certain Arbitration Proceedings
Published on:
June 8, 1998
The Self-Regulation and Supervisory Practices Committee of the Securities Industry Association (SIA)* provides comments to the Securities and Exchange Commission (SEC) on a National Association of Securities Dealers, Inc. (NASD) proposal regarding qualified immunity in arbitration proceedings for statements made on Forms U-4 and U-5. The committee shares in the comments previously submitted on behalf of SIFMA’s Legal and Compliance Division and the Federal Regulation Committee.
*SIFMA is the product of a merger between the Securities Industry Association (SIA) and The Bond Market Association (TBMA) in 2006.