6.2 Account Opening Procedures

In this section

• New Account Form Requirements
  Master the essentials of New Account Form Requirements for the Series 6 Exam. Learn about the critical information needed to open a new client account, including KYC, AML, and suitability obligations, with practical examples and regulatory insights.
• Customer Identification Program (CIP) - Essential Guide for Series 6 Exam
  Master the Customer Identification Program (CIP) requirements for the Series 6 Exam. Understand the USA PATRIOT Act, identity verification, recordkeeping, and confidentiality in securities account management.
• Beneficial Ownership and Control Persons
  Understand the critical requirements for identifying beneficial owners and control persons in legal entity accounts, emphasizing their role in AML compliance and preventing illicit activities.