Wirehouses and Statutory Disqualifications

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Apr 23, 2012 9:27 am

Hello There, 

I have always wanted to work in the this industry. However due to a issue in my past I have my minor midsdaemenor in my past all bit a SD misdamenor. The misdamenor has been expunged but just in way that finra wont recognize it . 1203.4 that some idiot foolish liberal lawyer at FINRA uses means to ignore expungments.  I have been told I need a MC-400 will any of the wirehouses support this? Or is off to Bobs financial planning or I have to wait years before the SD period lapses to come into the industry.


Apr 23, 2012 9:59 am

The best way to find out is to apply and see what happens.  The worst that could happen is you find out it's a no go.  Just be honest and go with it!  You may be surprised.  (You may want to brush up on your spelling and basic grammar prior to applying, however).