A registered representative is given a limited trading authorization by a client. This permits the representative to:
A)withdraw money from the account
B)enter orders for the account at the representative's discretion
C)withdraw securities from the account
D)all of the above

Question

Quizplus · Accepted Answer

enter orders for the account at the representative's discretion. A limited trading authorization only allows for entering of orders. A full trading authorization would also permit withdrawals from the account.

A Registered Representative Is Given a Limited Trading Authorization by a Client