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ARTICLE · 21 FEBRUARY 2006

Highlights from February 14, 2006 NASD Arbitrator Workshop

Sutherland Asbill & Brennan LLP
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Changes in the arbitrator selection process, new rules for third-party subpoenas, a recap of the new expungement rule, and changes in arbitrator honorarium were just some of the topics that Linda Feinberg, President of NASD Dispute Resolution, Inc., addressed during a phone-in workshop for arbitrators yesterday. A short summary of workshop highlights follows.

United StatesLitigation, Mediation & Arbitration
Thomas Farnen
Thomas Farnen

Originally published February 15, 2006

By Thomas A. Farnen, Judith A. O'Brien, S. Lawrence Polk, Avital Stadler and Terry R. Weiss

Changes in the arbitrator selection process, new rules for third-party subpoenas, a recap of the new expungement rule, and changes in arbitrator honorarium were just some of the topics that Linda Feinberg, President of NASD Dispute Resolution, Inc., addressed during a phone-in workshop for arbitrators yesterday (2.14.06). A short summary of workshop highlights follows.

  • Parties would have only a limited number of strikes under the revamped arbitration selection process now under consideration by NASD. With the unlimited strikes currently allowed, the NASD perceived that some counsel or parties were striking all of the arbitrators initially proposed, requiring NASD to appoint panel members.

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