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§300.101. Individual accounts.

17 C.F.R. § 300.101

(a)
Except as otherwise provided in these rules, all accounts held with a member by a person in his own name, and those which under these rules are deemed his individual accounts, shall be combined so as to constitute a single account of a separate customer.
(b)
An account held with a member by an agent or nominee for another person as a principal or beneficial owner shall, except as otherwise provided in these rules, be deemed to be an individual account of such principal or beneficial owner.
Notes, amendments, and revision history

Authority

Authority: 15 U.S.C. 78ccc.

Source

Source: 44 FR 5077, Jan. 25, 1979, unless otherwise noted.