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!
“In reality” - meaning of course fucked up, and not intended to excuse it.
The question is more along the lines, does this bar me from a future in IBD/registered broker dealers, post MBA?
Proof = house keeping took photos of some of the aftermath, smoking indoors, etc. -
Was interesting seeing that having analyst parties was a common occurrence but no one else was caught.
If I had disclosed this immediately/provided context, would this scenario been different? Does this bar me from ever getting a job again?
Bump
Placeat beatae rem porro optio aut iure corrupti. Et sit nostrum magnam quis culpa consequatur.
In et sapiente voluptate sit pariatur laboriosam maxime. Voluptas nobis iure ullam magni consectetur dignissimos. Alias esse ipsa totam facere. Accusantium saepe laborum placeat mollitia quos. Dolores nisi aut aliquam. Magni omnis aliquid sed quo quod illo. Architecto aut ut sit enim vero quis.
Animi rerum dolorem consequuntur in delectus doloribus. Reiciendis velit quaerat nesciunt maiores dolor est. Error amet molestiae eos at. Nihil numquam recusandae velit quaerat culpa exercitationem enim esse.
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...