of the following signatures are required on a client’s
new account form?
I. The client’s
II. The client’s spouse
III. The registered representative
IV. The principal
B) III, IV
C) I, III, IV
D) I, II, III, IV
The correct answer is B.
While local practices of a broker-dealer might require
the client to sign the form, even when opening a cash
account, the rules do not require this. Only the RR
and the supervising principal are required, according
to rules, to sign the form.