Regulatory Alerts2024-11-26 | Regulatory Notice 24-15Added · Updated
FINRA Amends Arbitration Codes to Provide Customers Copies of Expungement Hearing Records
FINRA amended Rule 13606(c) of the Code of Arbitration Procedure for Industry Disputes to require the Director to provide customers with a copy of the official record and any transcription of an expungement hearing. This obligation applies to customers who attend and participate in the hearing or who submit their position on the expungement request in writing. The amendments also update Rules 12606 and 13606 to specify that digital recordings serve as the official record of proceedings.
Share