ARTICLE
2 January 2020

Broker-Dealer Fined For Failing To Update Employee Registration Forms

CW
Cadwalader, Wickersham & Taft LLP

Contributor

Cadwalader, established in 1792, serves a diverse client base, including many of the world's leading financial institutions, funds and corporations. With offices in the United States and Europe, Cadwalader offers legal representation in antitrust, banking, corporate finance, corporate governance, executive compensation, financial restructuring, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, tax and white collar defense.
A broker-dealer firm settled FINRA charges for failing to amend its representatives' Uniform Application for Securities Industry Registration or...
United States Finance and Banking

A broker-dealer firm settled FINRA charges for failing to amend its representatives' Uniform Application for Securities Industry Registration or Transfer (or "Form U-4") in a timely manner to disclose certain negative events, including bankruptcies and outstanding liens.

To settle the charges, the broker-dealer agreed to a (i) censure and (ii) fine of $200,000.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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