Could someone give some insight about what happens when a registered person leaves a firm, ie if you are in a training program fully licensed and then leave. Who would the liability of your licenses/training fall on?

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Don't know what you mean by liability but training programs usually have a cost if you leave within x amount of time. If you're licensed and registered and you leave, the firm submits a U5 for you showing you no longer registered there.

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Sort of mean like would you be liable for any of the costs associated with that training/licensing

I’m not sure what you meant by “liability of your licenses falling on”. I would agree with what Scrum Master 1 said above.

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Check your training & development policy, most likely under HR. Some firms may or may not mention it but HR should cover this before or after the exit interview. I had a friend who departed under favorable circumstances, and in writing during the exit discussion, she negotiated non repayment of the balance of her education. It was a substantial amount.

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I would look over your original employment offer and see if the details of your licensing were covered in that. In my experience, some firms will have a set time period (6 months, 1 year, etc) that they expect you to stay and work for the firm, and leaving the firm to go work for another firm in the industry within that time frame makes you liable for the expenses of your licensing. If you came into the job fully licensed however, and you’re only onboarding was the firm specific trainings and not FINRA exams or additional certs, then I doubt any monetary liability would apply

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