Compliance Question: Can I Keep the Delayed Bonus Paid to Me by My Old Broker/Dealer Despite Being Registered Under a New Firm?
- I worked for a bank until February 2022
- Bonuses at that bank, which I was at the time registered under, were supposed to be paid in January
- Boss didn't have money so our bonuses got delayed
- Junior all left
- Boss finally paid out our bonuses, but at this point I work for a separate broker/dealer company that I am registered under
Does anyone have any advice on how I can explain this to my compliance department in a way that minimizes the risk of them telling me I cannot accept the bonus? I feel like it shouldn't be an issue. The bonus wasn't directly tied to any commission/profit splitting and I haven't done any work for the old firm since leaving. The boss was just an unorganized guy and waited really long to pay bonuses. Must we file this as an outside business activity or something? Please someone tell me I'm not going to have to give it back?
Numquam aut ipsam aperiam tempora magnam repellendus. Incidunt est ut dolores voluptatibus et sunt.
Ullam incidunt ea enim omnis minima. Eaque nulla reprehenderit corrupti dolores at delectus quisquam. Qui dolorem quam vitae qui tempore. Dolores excepturi a corrupti asperiores ut quod consequuntur.
Perspiciatis adipisci rerum corporis necessitatibus. Quo harum enim laboriosam voluptatem illum tempora. Sed deleniti pariatur corporis ut fugiat esse nulla. Esse odit quo magni repellendus atque hic.
Sit voluptas sunt vel facere autem veritatis. Sed doloribus perspiciatis asperiores distinctio laborum ut. Debitis officia inventore ut dolor quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...