Series 24: 5.8.4.8. Delivery To The Customer’s Agent

Taken from our Series 24 Online Guide

5.8.4.8.  Delivery to the Customer’s Agent

No member firm may accept a purchase order for securities transactions where payment or delivery is to be made with the customer’s agent, unless it has received, from the customer prior to accepting the order, the agent’s name and address and the time and account number of the customer on file with the agent. In addition:

Each order accepted from the customer must note the fact that it is a payment on delivery (POD) or collect on delivery (COD) transaction.

The

Since you're reading about Series 24: 5.8.4.8. Delivery To The Customer’s Agent, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 24
Please Enable Javascript
to view this content!