An arrangement in which a client has given his/her broker the ability to make certain types of trades without prior consent. An investor must sign a specific agreement allowing brokers to undertake discretionary transactions. Such an arrangement is only recommended if the investor has a high degree of trust in the broker's professional ability.
Related information about limited discretionary account:
- Limited Discretionary Account Definition | Investopedia
A type of account in which a client allows a broker to act on his or her behalf in buying and selling securities. In this case, the broker can make certain types of ...
- Discretionary Account Definition | Investopedia
Limited Discretionary Account. A type of ... Market On Close - MOC. A non-limit ... Poop And Scoop. A highly illegal ... Articles Of Interest. Brokers and Online ...
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Limited Discretionary Account. A type of ... Oral Contract. A type of ... Quasi Contract. A legal ... Articles Of Interest. Your Will: Why You Need A Power Of Attorney ...
- What is limited discretionary account? definition and meaning
Definition of limited discretionary account: An arrangement in which a client has given his/her broker the ability to make certain types of trades without prior ...
- What is discretionary? definition and meaning
discretionary client · discretionary ARM · tight · limited discretionary account · autonomous consumption · all or any part · nondiscretionary trust · currency board ...
- Comment Letter on S7-22-07 - Securities and Exchange Commission
arrangement including for a limited discretionary account as long as it does not associate the fee with advice as opposed to commissions.We think the current ...
- FIDUCIARY OBLIGATIONS OF BROKER-DEALERS AND ...
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- trial club minutes form - RWU Student Senate
All funds remaining in a limited discretionary account at the end of the fiscal year will roll over to the next fiscal year. If the club or organization is declared to be ...