Member Arbitration Rules

SECTION 16. AGREEMENTS CONFLICTING WITH THE RULES.

[Adopted effective May 17, 1993. Effective dates of amendments: March 24, 1994.]

These Rules shall supersede any provision in an agreement entered into between the parties, either before or after a dispute arises, if the provision in the agreement contradicts or limits the Rules or imposes additional obligations on NFA or the arbitrators. However, in the Secretary's discretion, the provision may be applied to NFA arbitration if the agreement names NFA as the arbitration forum or the parties consent in writing to apply the provision to NFA arbitration.