---
kind: "section"
citation: "12 C.F.R. § 368.5"
title: "12"
number: "368.5"
heading: "Customer information."
url: "https://uscodex.org/cfr/12/368.5"
---

# §368.5. Customer information.


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.

## Notes

### Authority

Authority: 15 U.S.C. 78o-5.

### Source

Source: 62 FR 13287, Mar. 19, 1997, unless otherwise noted.