U5 Termination Help!!
Hi all,
I was terminated from my investment bank (boutique in NYC/London), and on my U5 form, it was cited as a "violation of internal policy"
- The "internal policy" that was violated was the hosting of a party in our firm-paid corporate housing, the attendees being the other members of our analyst class.
- "internal policy violation" is a broad term and without context, sounds terrible.
- In terms of background/context, the firm was Probably looking for any excuse to reduce headcount without having to pay severance, and even cut more than 20% of staff worldwide that same week.
- The above has already cost me a PWM opportunity (all they saw was the policy violation without context)
- Does this bar me from any/all bulge bracket opportunities in the future (even post-MBA?), in all fields of finance (pwm, IBD, AM, etc.)?
I realize that there are a ton of other forum posts here, I've seen them already and none of them provide much additional help.
I welcome any and all insights. Thank you!
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