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Types of Accounts Drill

  • 1.

    John, a citizen of Belgium, has relocated to the United States and wants to establish a brokerage account. He is in the United States on a work visa, which may lead to an indefinite stay. Can he open the account?

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  • 7.

    A customer has a valid power of attorney and has opened a discretionary account. If the customer calls in with an order, the broker