The Financial Industry Regulatory Authority (FINRA) maintains a comprehensive archive of frequently asked questions regarding a registered person’s reporting obligations with respect to mandated Forms U4 and U5. Many brokers have been wrongfully burdened with intentional, improper and even fraudulent reporting amendments to the Central Register Depository (CRD), with bogus claims and allegations of wrongdoing. Oftentimes such dirty tricks are played by broker dealers seeking revenge against departing brokers bringing the profitable business and customers with them. Know your rights!
We offer a free initial consultation to registered representatives and brokers whose regulatory histories have been marred with bogus entries on their Form U5 Disclosure Forms (link). For a free initial consultation contact the Law Offices of Timothy J. O'Connor at (518) 426-7700.