Series 7: 14.2.1 Individual Accounts

Taken from our Series 7 Top-off Online Guide

14.2.1 Individual Accounts

Most accounts are opened by individuals and are plain vanilla accounts. To open the account, individuals must fill out the new account form. An individual account has only one owner. Registered representatives may not give account information to anyone else, including the customer’s spouse. Only the customer can trade in the account, unless the customer explicitly grants third-party trading authorization (discussed soon).

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