Update Regarding Broker Expungement of CRD Records
FINRA Rule 2080 applies to claims for expungement of customer complaints and customer initiated arbitrations, and provides that brokers seeking to expunge such information from the CRD system to obtain a court order directing expungement or confirming an arbitration award recommending expungement.
Erroneous ClaimThe claim, allegation or information is factually impossible or clearly erroneous
Non-InvolvementThe registered person was not involved in the alleged investment-related sales practice violation
False ClaimThe claim, allegation or information is false