NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC. v. FIERO


33 A.D.3d 547 (2006)

827 N.Y.S.2d 4

NATIONAL ASSOCIATION OF SECURITIES DEALERS, INC., Respondent, v. JOHN J. FIERO et al., Appellants.

Appellate Division of the Supreme Court of the State of New York, First Department.

Decided October 26, 2006.


Plaintiff's action to collect the disciplinary fine it had imposed was not a proceeding to confirm an arbitration award, and was thus not subject to a one-year limitation period (CPLR 7510). Plaintiff is authorized by Congress to promulgate and enforce rules governing the conduct of its members (see DL Capital Group, LLC v Nasdaq Stock Mkt., Inc., 409 F.3d 93, 95 [2d Cir 2005]). The instant...

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