Securities Industry

Broker-dealers and Registered Investment Advisory firms are regularly involved in employment law issues that are unique to the securities industry.

Recruitment of brokers/investment advisors (and the loss of such personnel to the competition) often raises restrictive covenant issues (relating to non-solicitation, non-competition, and non-disclosure agreements).  Certain hiring within the industry may involve the “Protocol for Broker Recruitment,” claims of employee “raiding,” EFL resolution, Form U-5 defamation claims, CRD expungment, “dual” banking/securities employment relationships, and deferred compensation issues.

Employers in the securities industry also need employment agreements that are not only well-drafted, but also conform to applicable FINRA and SEC regulation. 

With an uncommon understanding of the employment law issues facing the securities industry, Constangy can provide timely, practical and reliable advice.  

For additional information on how we can help your company, please contact John MacDonald at jmacdonald@constangy.com or 609.357.1196.