How will I know when a firm is removed from the Disciplined Firm List because its sanction is more than five years old?
If you are a Member, you can check the Disciplined Firm List in ORS. If you are an Associate, you can check the firm’s disciplinary history in BASIC. The firm will come off the Disciplined Firm list five years after the Penalty Date listed in BASIC unless the firm was permanently barred, was sanctioned for sales practices involving security futures, or has a more recent sanction for sales practice and promotional material violations that is less than five years old.
