Customer Accounts

In this section

• Types of Customer Accounts
  Understand the main customer account types and when each is used.
• New Account Documentation
  Review the documents and records required when opening new customer accounts.
• Suitability Requirements
  Study suitability obligations and how firms evaluate customer investment profiles.
• Customer Identification Program (CIP)
  Learn CIP requirements, identity verification, and required recordkeeping.
• Margin Accounts
  Understand margin account mechanics, disclosures, and borrowing risks.
• Retirement Accounts
  Review key features of retirement accounts relevant to SIE exam questions.
• Custodial Accounts
  Study custodial accounts, control rules, and account ownership issues.
• Discretionary and Fiduciary Accounts
  Understand discretionary authority, fiduciary responsibilities, and account controls.