I am neither licensed nor registered FINRA member. I got FINRA 8210 letter. Anyone else in same situation? What actions you planning on taking?
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If you don’t respond you could be barred from association with a finra registered firm. It doesn’t matter that you yourself were t registered. Fidelity is a Finra registered broker dealer which means registered or not you have to comply with the same regulations. They’ll suspend you from association first, give you 3 months, if you don’t respond you can’t be associated with another broker.
How much time to they allow you to respond? Can whoever has gone through the process post on here what to expect?
If you get lucky probably cost you $8k-$10k, but you are not licensed, you shouldn’t have to respond. It’s like the Canadian police mailing you a parking ticket because they saw you illegally parked in front of your house on Google Earth...
I am not a FINRA registered person. Is it ok to respond to 8210 by myself or going through an attorney is the best option?
Does anyone know how much will that cost in lawyer fees for me to take care this with FINRA?
I do know that there are cases where people were let go due to reimbursement, registered, and NOT disclosed on U5, while others were.
Which attorney you are hiring?
Anyone knows any attorney who can deal for non registered members?
My plan is to retain an attorney to help respond. Anyone past their deadline or resolution from FINRA completed. What if any, was the outcome? Thanks for any info.
Can we just ignore it?
What is the deadline on responding to FINRA? Anyone planning on hiring attorney or responding personally?
I am on the boat. Do we need to call employee relations about this?
I got the same thing and I wasn't registered either. No idea what to do now. Classic BS from Fido again.
I was part of Fidelity Technology Group LLC, when I used computer reimbursement program. Due to reorgs I was part of Fidelity Brokerage Services LLC when I was let go. No U5 was filed to FINRA. I am totally confused.
It makes zero sense to me that non-registered persons would be contacted by FINRA.