Series 52: Sharing Of Customer Accounts

Taken from our Series 52 Top Off Online Guide

Sharing of Customer Accounts

Broker-dealers and their associated persons generally may not share in the profits or losses of a customer’s account or a customer transaction. This prohibition seeks to prevent conflicts of interest and excessive entanglement in customer accounts.

Sharing in profits and losses is permitted, however, when:

  • The profit or

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Solomon Exam Prep Study Materials for the Series 52
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