Whether you have left your former employer voluntarily or were terminated from your position, every registered stockbroker’s employer is required to submit a Form U5, also known as the Uniform Termination Notice for Securities Industry Registration. 
As you can imagine, your employer filling out this form can create conflict if not handled appropriately, as is often the case. Below, we go into further detail about the purpose of the U5 and how you can access yours after leaving your former employer.
The Purpose of the Form U5A Form U5 must be filed within thirty days of your leaving your position. The U5 will describe in detail why you left the brokerage firm or financial planning institution and will then be filed with the Financial Industry Regulatory Authority (FINRA). 
Depending on what your U5 contains, your professional life could be dramatically impacted. It’s possible that future potential employers will not want to hire you, and you could even become the subject of a FINRA investigation if you don’t take steps to ensure that the information contained in your U5 is as accurate as possible. 
Accessing and Checking Your U5FINRA maintains a database of all registered brokerage firms, companies, and stockbrokers within the securities industry. This is known as the Central Registration Depository (CRD), and the information on your Web CRD is going to be found on BrokerCheck. 
If you want to access information contained on your U5, you will find this information on the Web CRD. However, gaining access to this may be a challenge, and as of 2019, BrokerCheck remains the best way to uncover (and correct, if needed) information reported by your former employer. 
Contact a FINRA Employment Dispute LawyerIf your Form U5 has false or misleading information on it and you need legal help to resolve this matter, reach out to a regarded FINRA employment dispute lawyer at Meissner Associates. You can give our office a call at 212-764-3100 or complete the contact submission form to the right when you are ready to schedule your free, no-obligation claim assessment.