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Rule 405
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Rule 405
A guideline stated or implied by various securities regulatory bodies which requires that brokers determine the suitability of investments for customers before making recommendations. also called Know Your
Customer
or
Suitability Rules
.
Related Terms: 10
Broker
,
Call
,
Customer
,
ECU
,
Know Your Customer
,
NOW
,
SEC
,
Suitability Rules
,
Term
,
UIT
Other Related Pages:
Category: Brokerages
Starting With: R
Additional Related Terms:
10-Q
,
10-K
,
30-day wash rule
,
Allowance for depreciation
,
Accrual of discount
,
Amortization of premium
,
At par
,
All or any part
,
At best
,
At call