Series 26: Suitability Account Records

Suitability Account Records

Every registered member firm must also make and keep current an account record for each account with a customer who is a natural person. The account record must include the customer’s name, tax identification number, address, telephone number, date of birth, employment status (including occupation and whether the customer is an associated person of a member), annual income, net worth, and the account’s investment objectives. In the case of a joint account, the account record must include personal information for each joint owner. The account record should include the signature of the associa