The Financial Industry Regulatory Authority has amended its Codes of Arbitration Procedure for Customer and Industry Disputes to clarify that if a claim deficiency is corrected within 30 days from the time a party receives notice of a deficiency, the claim will be considered filed on the date the initial statement of claim was filed. The amendments become effective on March 22 and apply to claims filed on or after that date.

Click here to read FINRA Regulatory Notice 10-11.