Marciano v. MONY Life Insurance

MEMORANDUM

EDUARDO C. ROBRENO, District Judge.

TABLE OF CONTENTS

I.INTRODUCTION.521

II.BACKGROUND.521

A. Procedural and Factual History.521

B. The Arbitration Agreement and the NASD Provisions .522

1. Form U-4.523

2. NASD provisions.523

III. DISCUSSION.524

A. Law.524

1. Federal law applies.524

2. The legal standard under the Federal Arbitration Act.525

B. Analysis .527

1. Each party’s definition under the NASD Code.527

a. The Marcianos are “associated persons” under the NASD Code.527

b. MONY Life is not an “associated person” under the NASD Code.527

c. MONY Life is a “certain other” under the NASD Code.528(i)…