Disclosures and Customer Agreements

Free NASAA Series 63 (Uniform Securities Agent State Law Examination) lesson in Communications with Customers and Prospects. 20 min read, ~2,955 words.

Registration is NEVER an endorsement, approval, or guarantee. Saying so is a per se violation under USA Section 502. Performance guarantees are prohibited. No agent, BD, or IA may promise a specific return, recoup losses, or guarantee against loss. New account form approved by a principal BEFORE the first trade...

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