Who needs Form U4?
If you are a broker-dealer, investment adviser or issuer of securities, you have to register in the appropriate jurisdictions before starting your labor activity. And that’s when you need to fill the Form U4.
What is Form U4 Application for?
This form is an application for securities industry registration or transfer. The information from Form U4 is published by the Investment Adviser Public Disclosure (LAPD) for the individuals searching for an investment advisers or brokers. That’s why it’s very important for the filers to provide the actual and up to date information.
Is U4 Form accompanied by other forms?
You can be required to provide documents supporting your answers together with the form U4.
How long does it take to fill FINRA Form U4 out?
The Form U4 consists of 39 pages. The individual has to provide all the necessary information and amend the corresponding sections when the changes occur.
How do I fill out PDF Form U4?
The Form U4 has several sections for completing. While completing the form, the investment adviser representative has to provide the following information:
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Full name
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Start date of the firm
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Physical description
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Employment history for the past ten years
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Residential history for the past ten years
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Any outside business activity information
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Fingerprints information
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Answer disclosure questions
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Jurisdictions where the adviser is registered
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Professional designations
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Your signature
The investment adviser must update promptly the changes of the following information in Form U4:
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Place of residence
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Place of business
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Employment status
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Changes in jurisdictions
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Changes in disclosure questions (criminal actions, disciplinary actions, civil actions, customer complaints, arbitration, terminations, financial matters).
As a rule, the applicant should fill out the amended Form U4 within 30 days after the changes occur.
Where do I send Form U4?
Investment adviser representatives have to fill out the fillable form U4 electronically and file it via the Central Registration Depository system.