Definition of Expunge:
Expunge is the act of eliminating a formal customer complaint lodged against a securities broker from Financial Industry Regulatory Authority's (FINRA) public records. These records on brokers are held in the Central Registration Depository (CRD) system as a way to monitor professional conduct of brokers. A broker who feels that an unfair complaint has been registered in CRD against him or her may take action to have the black mark expunged. Any broker would want to have a clean record to help carry out his or her business affairs.
Erase or remove completely (something unwanted or unpleasant).
To erase or remove completely, usually a text, without leaving any reference to it.
Customer complaints submitted to FINRA about bad broker conduct are entered into the CRD system, placed in FINRA's public BrokerCheck website, and recorded on the broker's Form U-4. Perhaps unfairly, complaints are disclosed regardless of whether it has been determined that the broker has actually committed any wrongdoing. Even if a complaint is later dropped or FINRA arbitrators conclude that a complaint lacks merit, the complaint will still appear in BrokerCheck. It will remain there unless the broker successfully gets FINRA to expunge the complaint.
Synonyms of Expunge
Erase, Remove, Delete, Rub out, Wipe out, Efface, KO, Abbreviate, Abridge, Annihilate, Annul, Black out, Blot, Blot out, Blue-pencil, Bowdlerize, Call off, Cancel, Censor, Complete, Cross out, Cut, Dele, Delete, Discard, Dispose of, Drop, Drop the curtain, Edit, Edit out, Efface, End off, Eradicate, Erase, Exclude, Expurgate, Extinguish, Finalize, Finish, Fold up, Get it over, Get over with, Get through with, Give the quietus, Kayo, Kibosh, Kill, Knock out, Obliterate, Omit, Perfect, Polish off, Put paid to, Raze, Rescind, Rub out, Rule out, Scrag, Scratch, Scratch out, Shoot down, Sponge, Sponge out, Strike, Strike off, Strike out, Void, Wipe out, Zap
How to use Expunge in a sentence?
- I’ve kind of expunged that period from my CV.
Meaning of Expunge & Expunge Definition