Rule 405 Definition

Rule 405

Definition

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.

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

Popular 'Brokerages' Terms

sell limit order
limit order
broker
investment bank
mark-to-market

account
purchase
buy limit order
underwriting
buying on margin

Rule 405 in the news

Tools

Rule 405 is ...

... part of the Brokerages subject.

Nearby Terms

Rule 13d
Rule 144
Rule 15c3-1
Rule 19c3
rule 2790
Rule 405
Rule 415
Rule of 72
Rule of 78
Rules of Fair Practice
rumortrage

Search volume for Rule 405

Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice