Series 26: Individual Accounts

Individual Accounts

Most accounts will be opened by individuals and will be plain vanilla accounts. To open one, individuals must fill out a new account form. Individual accounts have only one owner. A representative may not give account information to anyone else, including the account owner’s spouse.

The owner is the only one who can trade in the account unless third-party trading authorization has been granted. There are three kinds of third-party trading authorization:

• • Limited trading authority allows a t