Can a firm assign a non-registered individual to a branch office?
No. Firms may only assign/link a registered individual to a branch office via the Form U4 With the implementation of the Branch Office Registration Program, all FINRA registered individuals are required to be associated with/linked to a minimum of one registered Office of Employment Address as reported in Section 1 (General Information) of the Form U4. What is a registered Office of Employment Address for purposes of the Branch Office Registration Program?
Related Questions
- The field BC_Art lists the individual entries as head office, main branch, or branch. What exactly does this mean and can a financial institution label several branches with the same BC no.?
- If my firm has branch offices, is a Professional Geoscientist (PG) required to be staffed in each branch office?
- Can a firm assign a non-registered individual to a branch office?
