Return to Avoiding the "Yes" article.

This table is not a complete summary of all the subtleties of Form U-4. When faced with issues relating to U-4 you should consult with competent compliance personnel or with legal counsel.

	IS U-4 DISCLOSURE REQUIRED?
Claims of "sales practice violations" not alleging forgery, theft, misappropriation or conversion of funds or securities.	ORAL COMPLAINT	WRITTEN COMPLAINT	ARBITRATION OR LITIGATION
Claim < $5,000	No	No	Yes if Rep is a Party; Only While Pending
Claim >= $5,000	No	Yes for 24 Months	Yes if Rep is a Party; Only While Pending
Settled < $10,000	No	No (but "Yes" above remains 24 Months)	No
Settled >=$10,000	Yes Forever	Yes Forever	Yes if Rep is a Party; Forever
Broker Wins	n/a	n/a	No
Broker Loses	n/a	n/a	Yes if Rep is a Party; Forever