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I met someone and their son is a director at Morgan Stanley. He told me to give him a call and potential have a talk about working there . How are Morgan Stanley advisors compensated. I ask because I left another firm and they have tried to charge me charge backs on commissions that have come back.
What’s the best VDR and why is it datasite?
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What’s compliance errors in finance? You made an error in your work, or is it an integrity issue?
In Asia, most big financial firms do background checks before the offer is confirmed. They also usually have an on-boarding form that you have to fill up and one of the common questions is to declare if you have been laid off for integrity issues.
In the us, a compliance error is anything that breaks the law, or an error that can lead to a lawsuit or regulatory agency investigation.
For instance let’s say you apply for a consumer credit card. If you are declined, the financial institution is legally required to send you a letter that says you are declined, if they don’t that is considered a compliance error.
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Compliance errors? Need specifics as that’s not a general term anyone uses. Some compliance issues are reportable on your U5 and will follow you for life.
When they ask you why you left, how are you gonna answer?