BD- Notification of Accounts at Other Broker-Dealers and Financial Institutions ("407 Letter")

The Broker-Dealer Notification of Accounts at Other Broker-Dealers and Financial Institutions is a useful template to satisfy the notification requirement under FINRA Rule 3210 (Accounts At Other Broker-Dealers and Financial Institutions)—which states that any associated person, prior to opening or otherwise establishing/maintaining an account subject to the rule, must notify in writing the executing member, or other financial institution, of his or her association with the employer member.

Version/Update: V.2/August 7, 2017

Total Page Count: 1

Source/Author(s): Connexien