Customer protection rule

An SEC rule requiring broker/dealers to establish separate reserve accounts into which Customer credit balances are maintained, and prohibiting them from using Customer balances to Finance their Own trading.

Related Terms: 15 Account, Balance, Broker, Credit balance, Customer, Credit, Dealer, Deal, Finance, FIN, Heir, Own, Ring, SEC, Trading

Other Related Pages: Category: Brokerages Starting With: C

Additional Related Terms: 10-Q, 10-K, 30-day wash rule, Account, Accounts receivable, Accounts receivable aging, Accounts receivable turnover, Account statement, Adjusted balance method, Account aggregation