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.
The correct answer is b. The NASD defines a “complaint” as adverse communications that are in writing. Choices I and III ...
The correct answer is b. I, II and III are correct since all parties are required to notify the Administrator.
The correct answer is c. I is incorrect, since broker-dealers or their agents who don’t receive a fee for making investment ...
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