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Manager threatens to "note my file accordingly" after I resigned

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Jan 14, 2013 12:04 am

I resigned from an insurance company after 5 months to pursue a different avenue within the financial services industry. During that period I got my life, accident, health and series 7 licenses. 

When I tendered my resignation my manager unprofessionally threatened to "note my file accordingly." I don't know what he meant by this. My question is, can he tarnish my U4 at FINRA by putting derogatory remarks on there? It sounds to me as if he wants to spoil my name in the industry. Is it a crime to resign? What legal recourse do I have if this is the case. Please note I paid for all my licenses out of pocket. Any advice proferred will be much appreciated.
 

Jan 17, 2013 4:51 pm

Thanks for your response notnotmay. Yes it is also a B/D. However I have checked out the U5 form and called FINRA. Under terminations one of the options are whether I resigned voluntary or not. I tendered my resignation letter and I have that as evidence. If he puts anything contrary on my U5 I will take them to arbitration. Why should I make nice with the manager? I’m well within my rights to resign if I choose to. My actions were polite and professional.

Jul 9, 2013 5:06 pm

He can only state things that are true. Otherwise it’s libelous.