What financial advisers can do about a U5 disclosure
Given the current regulatory environment and increasing utilization of BrokerCheck by the public, a broker must take ownership of his or her CRD.
Did your former broker-dealer file a Form U5 that makes you look bad? Have you been told that nothing can be done about it? Before accepting defeat, you owe it to yourself to hear this story.
“Bob” resigned or was terminated and the firm filed a U5 with allegation information some months later.
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