4.6.  Updating a Form U4

Form U4. This form must be filed for each of the broker-dealer’s registered employees. Form U4 contains detailed personal information including:

•Physical characteristics (i.e., height and weight, hair and eye color)

•Residential history

•Employment history and other businesses

•Criminal history

•Civil judicial proceedings

•Bankruptcy judgments and liens

•Customer complaints

•Prior terminations due to improper behavior

•Financial disclosures, such as bankruptcy proceedings