[Download] "Ford v. Mci Communications Corporation Health and Welfare Plan" by United States Court of Appeals for the Ninth Circuit ~ eBook PDF Kindle ePub Free

eBook details

Title: Ford v. Mci Communications Corporation Health and Welfare Plan
Author : United States Court of Appeals for the Ninth Circuit
Release Date : January 28, 2005
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 81 KB

Description

In this appeal we decide whether Californias recently-adopted ethics standards for neutral arbitrators apply to arbitrations conducted in California by the National Association of Securities Dealers ("NASD"). We conclude that the California legislature intended the new ethics standards to apply to NASD-appointed neutral arbitrators. We hold, however, that the Securities and Exchange Act of 1934 ("Exchange Act"), as amended, preempts application of Californias ethics standards to NASD arbitrations. In so holding, we further conclude that NASD rules approved by the Securities and Exchange Commission have preemptive force over conflicting state law. Accordingly, we affirm.