U4 Check for departing brokers

Jun 1, 2011 5:07 am

Out of curiousity is there any source of information that might either support, or deny whether comments and/or directions made by Branch Manager to have brokers direct clients to check departing broker's U4's due to infractions?  Is this illegal, unethical, both, or neither?

Thanks!

Jun 2, 2011 3:39 am

Anyone have any thoughts!?