Series 66: Discretionary Authority

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Discretionary Authority...

the right of a financial advisor to trade in a customer’s account without prior permission by the customer.

Since you're reading about Series 66: Discretionary Authority, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!