Introduction

The New Account Form

Required Information

Additional Information To Request

Other New Account Information

When to Update Account Information

Ownership of the New Account

Other Forms of Account Ownership

Know your customer and the anti-money laundering and usa patriot act requirements

Type of Account

Cash Account

RVP/DVP Account

Margin Account

Option Account

Client Orders

Initiating The Order

Basic Order Information

Types of Orders

By Type

By Special Type

By Time

By Unit

Decimalization

Listed Securities

NASDAQ (OTC) Securities

Options

Immediate Impact of Decimalization

Summary

Client Confirmations

Client Account Statements

Disclosures

Mutual Fund Transactions

Disclosures Related to On-Line Securities Transactions

Risk Disclosure Statements For Day Trading

Sample Day Trading Risk Disclosure Statements

Disclosures Related To Margin Accounts

Advertising Issues

Proper Use of Advertisements or Sales Literature

Client Correspondence

Use of the Internet By Financial Professionals

Highlights of NASD Conduct Rules that Apply to Internet Usage

Electronic Communications Prepared for a Single Customer

Handling Client Complaints

Documenting the Complaint

Conclusion

Client Accounts Quiz