March 24, 2008
Dear Sir or Madam:
I am very much in support of the proposed rule. As an attorney who concentrates his practice in representing investors in FINRA arbitrations, the current practice of allowing unfettered motions to dismiss is inefficient, unfair, and usually a complete waste of everyone's time. The new rule wii effectively reduce motions to dismiss to 6 year issues. This will assure that virtually every investor will get his or her opportunity to put on a full case in chief without having to waste the time, money and resources otherwise battling routine and meritless motions to dismiss. Please pass this rule ASAP. Mark Maddox