Series 99: 1.2.2.2 Joint Accounts

1.2.2.2  Joint Accounts

A joint account is registered to more than one adult and allows more than one account holder to access and trade in the account. Upon opening a joint account, all parties must sign the new account form, which also operates as a joint party agreement. The joint party agreement specifies the details and rules of the account. Important rules include:

• • All parties are allowed access to the account and may make trading decisions independently in the account.
• • All physical certificates sold from the account must be signed by all parties.
• • All checks for sale proc