Feb 1, 2010 6:06 pm
Here is a question for all:
Let's say you have someone licensed working in a non sales role and they blow the whistle on a few HR issues within a firm. The firm is most likely to terminate them for one reason or another, non securities related. Should they voluntarily resign or wait for the termination? They were silly enough to think they could blow the whistle anonymously. If they resign they avoid or most likely will avoid the involuntary comment on their U4.
All comments welcome.
Turned in a VP who fathered an illegimate (is that spelled right?) and then he had someone else claim parenthood. Sold it to Barbara Walters and now going to collect the book rights.
Just kidding. Saw someone do something wrong in sales and the firm strung them along long enough so they could term them and ding the u4 and be able to show they handled the situation.
That led to a debate about could they do the same thing for non sales issues. Some say yes and some say no.