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Dec 15 2008 - Dec 14 2014Dec 15 2014 onwards

13903. Process Fees Paid by Members

(a) Each member that is a party to an arbitration in which more than $25,000, exclusive of interest and expenses, is in dispute must pay non-refundable process fee, due at the time the parties are sent arbitrator lists in accordance with Rule 13403(b), as set forth in the schedule below.
Process Fee Schedule

Amount of Claim
(exclusive of interest
and expenses)
Process Fee
$.01–$25,000 $0
$25,000.01–$50,000 $1,750
$50,000.01–$100,000 $2,250
$100,000.01–$250,000 $3,250
$250,000.01–$500,000 $3,750
$500,000.01–$1,000,000 $5,075
$1,000,000.01–$5,000,000 $6,175
$5,000,000.01–$10,000,000 $6,800
Over $10,000,000 $7,000
Non-Monetary/Not Specified $3,750
(b) If an associated person of a member is a party, the member that employed the associated person at the time the dispute arose will be charged the process fees, even if the member is not a party. No member shall be assessed more than one process fee in any arbitration.
(c) The panel may not reallocate to any other party any process fees paid by a member.
Amended by SR-FINRA-2014-026 eff. Dec. 15, 2014.
Amended by SR-FINRA-2008-021 eff. Dec. 15, 2008.
Adopted by SR-NASD-2004-011 eff. April 16, 2007.

Selected Notice: 07-07, 08-57, 14-49.

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