Registration of Agents and Continued Education Flashcards
1
Q
Forum U4 and Hiring
A
Filled out by new hires at a firm. It details: 10 year employment history 5 year resident history legal name and any aliases Any legal or regulatory actions
The firm is required to verify the last 3 years of employment.
All U4 forms are sent to CRD (Central Registration Depository) along with fingerprints.
The applicant is NOT required to disclose the following:
Marital Status
Educational Background
Income or Net Worth
However, they must declare any bankruptcy or any unsatisfied liens/judgments.
