asked 166k views
4 votes
Under FINRA rules, all of the following are necessary to open a corporate account EXCEPT:_________.

a. corporate resolutions
b. corporate seal
c. corporate charter
d. corporate minutes

asked
User Sunomad
by
8.3k points

1 Answer

3 votes

Answer:

Corporate minutes

Step-by-step explanation:

Financial Independent Regulatory Agency (FINRA) is an independent body that formulates and enforces rules guiding registered brokers and broker dealer firms in the United States.

This also includes account opening requirements of brokers.

The required documents to open a broker account includes corporate resolutions, corporate seal, corporate charter.

Other information required are social security number, drivers licence or passport information, employment status, and investment profile.

answered
User Shinelle
by
7.4k points
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