Securities Industry Law Articles

SEC Industry Attorney // Securities Industry Law // Serving FINRA-member broker-dealers and SEC-RIA firms in handling regulatory issues and litigation.

What Is The Process For Expunging My U5?

What Is The Process For Expunging My U5? Really, the first step, the second you’re terminated, is to call a lawyer. Better yet, as you feel the water get warmer (insert boiling frog joke here) you should talk over your options for an exit strategy with a lawyer....

There’s No Laughing in Brokerage

There’s No Laughing in Brokerage Being funny at work is a delicate balance of being just funny enough to entertain your coworkers but not so funny that you get sent to HR. These days, funny is OUT! Most of the FINRA broker-dealers you would work for these days have a...

Continental Broker-Dealer Corp.

Taking a while to get your U5 expunged? Brokers who worked for this bucket shop who got a ding on their U5 on their way out have been getting their U5s expunged some TWENTY YEARS after Continental was expelled in 2024. Nobody from this crappy firm ever shows up to...

More B.S. from Wells Fargo

Been caught using a mouse mover? Companies are starting to crack down on brokers' U5s. Just four years ago, Wells Fargo & Company and its subsidiary, Wells Fargo Bank, N.A., agreed to pay $3 billion to resolve their potential criminal and civil liability stemming...