Customer information.

CFR · 2024-01-01 · US · Title 12

Prior to the execution of a transaction recommended to a non-institutional customer, a bank that is a government securities broker or dealer shall make reasonable efforts to obtain information concerning: (a) The customer's financial status; (b) The customer's tax status; (c) The customer's investment objectives; and (d) Such other information used or considered to be reasonable by such bank in making recommendations to the customer.

official document · source cfr-2024 · id 12:§ 368.5