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Michigan DUI for Financial Professionals: Reporting and License Risks
Short Answer
A Michigan DUI for financial professionals can affect licensing, employment, and reputation, but different credentials carry different reporting requirements. A Michigan insurance producer generally must report a criminal prosecution to DIFS within 30 days after the initial pretrial hearing date. By contrast, an ordinary alcohol-only misdemeanor DUI generally is not reportable under the criminal-disclosure questions on FINRA Form U4. CFP Board has a separate reporting rule that expressly covers a second or subsequent alcohol- or drug-related offense.
The same person may hold an insurance producer license, securities registrations, and CFP certification, each governed by different rules. The first priority after a Michigan DUI arrest is to identify the actual charge, the procedural status of the case, each relevant credential, and any applicable employer requirements before making disclosures or negotiating a plea.
Michigan Criminal Defense Lawyer Blog


The controlling Michigan Supreme Court decision remains People v. Perlos. It upheld the statutory procedure in 1990. More recent Fourth Amendment law creates a principled basis for challenging the statute as unconstitutional as applied to the warrantless acquisition of private medical information and for asking the Michigan Supreme Court to reconsider Perlos. But no controlling decision has displaced Perlos. A careful defense must therefore develop the constitutional challenge while also testing whether the prosecution satisfied the statute in the first place.