NASD Gets OK to Form Dispute Resolution, Inc.

New Corporation, New Structure

NASD Regulation’s Office of Dispute Resolution, which received permission from the SEC to be spun off into a separate subsidiary last fall, has completed the transition.

The NASD announced July 17 that a new subsidiary company under the umbrella of the NASD has been established to administer NASD arbitration, mediation, and other ADR services. Linda D. Fienberg is the subsidiary’s new President and George H. Friedman its Senior Vice-President.

The new sub, now known as NASD Dispute Resolution, Inc., became operational on July 9, 2000. A six-member Board of Directors will set policy and consider rule changes. NDR staff will confer as well with the Board’s National Arbitration and Mediation Committee, which is balanced between industry and non-industry members.

NASD bills the creation of this new subsidiary as strengthening the independence and credibility of the arbitration and mediation functions (presumably by separating it from NASD Regulation, Inc.), while raising its corporate status.

Address, telephone and fax numbers remain the same for the new company’s New York headquarters.

Copyright 2000-2002 Securities Arbitration Commentator, Inc. P.O. Box 112, Maplewood, NJ 07040; t: 973-761-5880 f: 973-761-1504. Materials denoted with a SAC Reference No. (e.g. SAC Ref. No. 99-01-001) are on hand at SAC and may be obtained by calling the Securities Arbitration Commentator, or by email to The Securities Arbitration Commentator is the leading publication for securities arbitration news and information, and maintains the most complete database of arbitration awards availalble anywhere. For more information regarding their services, visit their website at

Nothing herein is intended as legal or financial advice. The law is different in different jurisdictions, and the facts of a particular matter can change the application of the law. Please consult an attorney or your financial advisor before acting upon the information contained in this article.


Mark J. Astarita, Esq. is a securities lawyer who represents investors, financial professionals and firms in litigation, arbitration and regulatory matters across the country. He is a partner in the national securities law firm of Sallah Astarita & Cox, LLC and can be reached by email at or by phone at 212-509-6544.

Follow us on Twitter, Facebook and The Securities Law Blog .

Securities Attorney at Sallah Astarita & Cox | 212-509-6544 | | Website | + posts

Mark Astarita is a nationally recognized securities attorney, who represents investors, financial professionals and firms in securities litigation, arbitration and regulatory matters, including SEC and FINRA investigations and enforcement proceedings.

He is a partner in the national securities law firm Sallah Astarita & Cox, LLC, and the founder of The Securities Law Home Page -, which was one of the first legal topic sites on the Internet. It went online in 1995 and is updated daily with news, commentary and securities law related links.