Series 53: 3.1.2.1. Opening Institutional Customer Accounts

Taken from our Series 53 Online Guide

3.1.2.1. Opening Institutional Customer Accounts

For institutional accounts, less information is required. An institutional account is defined to include:

The account of a bank, savings and loan association, insurance company, or registered investment company

The account of a registered investment adviser

The account of any other entity

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