NYSE Notification 

The NYSE requires that it be notified of any award against an employee in excess of $15,000 and requires that it be notified of any award against a firm in excess of $25,000. The NYSE also requires members to notify the exchange on form RE-3 in the event of any of the following:

  • Any written complaint received alleging forgery, misappropriation or theft of customer funds or securities
  • Any action brought by another regulator naming the member or an employee as a defendant
  • Any charge, arrest or conviction of any associated person of any criminal offense including shoplifting and DUI
  • Any action taken by a member against one of its employees that results in a penalty of exceeding $2,500, a suspension or termination an employee
  • Any violation of securities laws or SRO regulation

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