PLAN TO TAKE THE SERIES 6 EXAM? MAKE SURE THAT YOU KNOW THE REQUIREMENTS FOR OPENING ACCOUNTS FOR CUSTOMERS
If you are planning to sit for the Series 6 exam, be careful about requirements for opening accounts for customers. FINRA has rules regarding opening accounts, and FINRA includes this topic on the Series 6 exam. See FINRA's Series 6, Content Outline, specifically Section 2.1 and 2.2. Bob Eder discusses the requirements for opening accounts on page 87 of his Series 6 preparation manual, Study for the Series 6 Exam . Here is a sample from Bob Eder's treatment: Requirements for Opening New Accounts (2.2) Here are the basic items that FINRA requires on a new account form. 1. social security number or tax identification number 2. driver's license or passport number 3. ...