§151.70. What type of notice must I provide when I effect a securities transaction for a customer? — Inbound Citations

You may elect to satisfy § 151.70 by providing the alternate notices described in the following chart for certain types of transactions.

(a) If you elect to satisfy § 151.70 by providing the customer with a registered broker-dealer confirmation, you must provide the confirmation by having the registered broker-dealer send the confirmation directly to the customer or by sending a copy of the registered broker-dealer's confirmation to the customer within one business day after you receive it.

If you elect to satisfy § 151.70 by providing the customer a written notice, you must give or send the written notice at or before the completion of the securities transaction. You must include all of the following information in a written notice: