Are you a financial advisor with a harmful U-5 entry on your FINRA CRD record? If so, it may be possible for you to expunge information from your CRD record such as a customer dispute or employment termination information.
The FINRA CRD system contains information from the Uniform Registration Forms that are submitted by broker-dealers and regulatory authorities. Form U4, the Uniform Application for Securities Industry Registration or Transfer, and Form U5, the Uniform Termination Notice for Securities Industry Registration, are submitted by broker-dealers and are designed to report pertinent information about registered representatives.
Unfortunately, sometimes these statements are not completely accurate and may lead to legally viable claims for defamation, wrongful termination, retaliation, or discrimination.
The securities attorneys at The White Law Group may be able to help you clean up your employment record through the Financial Industry Regulatory Authority (FINRA) expungement process.
The White Law Group represents financial advisors in various disputes with their former employers, including representing advisors in claims related to wrongful termination, retaliation, discrimination, and outstanding promissory notes.
The firm has represented many financial advisors whose former employers improperly placed derogatory or inaccurate statements on their broker record.
To speak with a securities employment attorney regarding your legal rights and the expungement process, please call the firm at 888-637-5510.
For more detailed information on the FINRA expungement process, please seeFINRA CRD Expungement Explained.
The White Law Group, LLC is a national securities arbitration and securities regulation/compliance law firm with offices in Chicago, Illinois and Vero Beach, Florida.
For more information on The White Law Group, please visit our website at https://www.wlgattorneys.com.