In re the Arbitration between Johnson & Trustee for the Casaburi Family

OPINION OF THE COURT

Marcy L. Kahn, J.

These two proceedings to confirm separate and unrelated arbitration awards present novel issues regarding judicial review and the sufficiency of the arbitral record to conduct that review via a new regulatory scheme under Rule 2130 (Rule 2130 or the Rule) of the Conduct Rules adopted by the National Association of Securities Dealers, Inc. (NASD)1 governing the expungement of customer dispute information from NASD’s centralized database of brokers and dealers in the United States. As both matters raise identical issues under the same arbitral rule, these…