Accuracy of Your U-4
FINRA released today access for advisors to view a snapshot of their own personal information as listed on the advisor's U4 directly through the following link online: https://crd.finra.org/AnonAccess/AllowReps/AccessIndvlData.aspx
You must enter your SS#, DOB, Last Name, verify a word or sound, check the affirmation box and then hit Continue to gain access to your report.
The snapshot encompasses all categories that previously only your firm's back office and the regulators could view. I highly recommend that you pull your own snapshot report at least annually to confirm the accuracy of it and if it is not accurate to send a request to email@example.com to request the specific data be corrected.
Remember the regulators require you to keep your U4 up to date and accurate. You have 30 days from the date an event occurs to notify IPI/IPI Wealth so we can place the information on your U4 timely. Failure to report and amend your U4 timely will result in late fees from FINRA. Examples of updates that must be reported include, but are not limited to the following: Change of Name, Change of Address, Change of Employment, Outside Business Activity, Bankruptcy/Judgments/Liens/Compromise with Creditor, Felonies, Some Misdemeanors, etc.
If you have any questions, please reach out to Renee, Julie Cox or Amy to discuss.