Are there any special rules for discovery in a securities arbitration case?

Yes, there are special rules for discovery in a securities arbitration case in New Mexico. Generally, discovery is the process of obtaining relevant information, documents, and any other evidence from each side before a trial or hearing. In New Mexico, the rules for discovery in a securities arbitration case are governed by the New Mexico Securities Act. The Act provides that each party has to exchange information and documents related to the dispute, unless the arbitrator, in its discretion, determines that certain information is privileged or confidential. The parties must also submit a written list of the documents they are to produce for arbitration. The Act also requires that each party must provide a list of witnesses who may testify at the hearing. Additionally, parties to the arbitration proceeding are allowed to obtain and respond to written interrogatories and request for documents from any other party. The arbitrator has the authority to impose deadlines for responding to requests for documents and interrogatories. The arbitrator also has the authority to compel the parties to provide a deposition (an informal question and answer session between parties) if requested. All information and documents exchanged in a securities arbitration case in New Mexico are confidential and must be kept secret. This means that the parties must not share or disclose the evidence or information to any other person except the other parties to the case and the arbitrator.

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