Forms U4 & U5
Form U4 registers an individual with FINRA through a member firm — disclosing employment history, residences, and disciplinary events; Form U5 reports the termination of that registration within 30 days, with a copy to the rep.
Most U4/U5 information feeds BrokerCheck, FINRA’s public database of reps’ histories. A rep who leaves the industry generally has two years before registration lapses — re-qualification or the Maintaining Qualifications Program awaits after that.