Get U4 Form

It may not always be obvious whether a particular statement is a reportable complaint. Whether it is reportable on Form U4 is dependent upon whether it is a sales practice violation. Complaints that allege a “sales practice violation” that involve an amount not less than $5,000 in damages are reportable.

The Form U4 requires registered representatives to disclose if they have ever been “convicted of or pled guilty or nolo contendere (“no contest”) in a domestic, foreign, or military court to any felony” or if they have been “charged with any felony.” The Form U4 also requires the disclosure of any conviction, guilty ...

The Form U4 (Uniform Application for Securities Industry Registration or Transfer) is used to establish that registration. FINRA, other self-regulatory organizations (SROs) and jurisdictions use the Form U4 to elicit employment history, disciplinary and other information about individuals to register them.

After clicking the Open Filing link, the draft Form U4 will open in Data Entry View within a new tab or window. You will only have access to view and update the form ing to the access granted by the firm.

FINRA Rule 4530 requires firms to report specified events; quarterly statistical and summary information regarding written customer complaints; and copies of specified criminal and civil actions.

Form U4 is used to establish that registration. FINRA, other self-regulatory organizations (SROs) and jurisdictions use Form U5 (Uniform Termination Notice for Securities Industry Registration) to terminate registration and, if relevant, details why an individual left the firm.

Form U4 requires applicants to disclose bankruptcies as well as any felony convictions. Although individuals will be disqualified for felony convictions the occurred within the last 10 years, all felonies must be disclosed on Form U4 (even those that occurred more than 10 years ago).