Proposed Rule Change to Amend FINRA's Mediation Code to Provide the Director of Mediation with Discretion to Determine Whether Parties May Select a Mediator Who Is Not on FINRA's Mediator Roster

FINRA Arbitration Broker/Dealer and Account Executive Fraud, Misrepresentation and Mismanagement Attorney, Russell L. Forkey, Esq.

February, 2012:

Proposed Rule Change to Amend FINRA's Mediation Code to Provide the Director of Mediation with the Discretion to Determine Whether Parties May Select a Mediator Who Is Not on FINRA's Mediator Roster

Financial Industry Regulatory Authority, Inc. ("FINRA") is filing with the Securities and Exchange Commission ("SEC" or "Commission") a proposed rule change to amend FINRA Rule 14107 of the Code of Mediation Procedure ("Mediation Code") to provide the Director of Mediation ("Mediation Director") with discretion to determine whether parties to a FINRA mediation may select a mediator who is not on FINRA's mediator roster.

To review a complete copy of the release, please follow the highlighted link.