Form U4 (Uniform Application)
Registration form for securities industry professionals.
Detailed Explanation
Form U4 (Uniform Application for Securities Industry Registration or Transfer) is used to register individuals (representatives) with FINRA and state regulators. It requires extensive personal history, including employment, residential history, and disclosure of any criminal, regulatory, or financial incidents (like bankruptcies or liens). Signing the U4 typically includes an agreement to arbitrate disputes with the employer or customers.