Bubba opens an account at a broker/dealer with instructions to "transfer and ship". This means that:
A)all correspondence to Bubba must be sent registered mail
B)each trade report must note Bubba's certificate registration instructions
C)securities purchased must be registered in Bubba's name and then delivered to him
D)transactions for Bubba will be transferred to another broker for processing

Question

Quizplus · Accepted Answer

securities purchased must be registered in Bubba's name and then delivered to him. Bubba is requesting delivery of securities in his name instead of being held by the broker.

Bubba Opens an Account at a Broker/dealer with Instructions to "Transfer