Accounts and Margins

A customer may buy securities either in cash, by paying the entire amount of the purchase or on margin by depositing the required amount and borrowing the balance from the brokerage firm. A new account form is required for all types of accounts with the following information from the owner of the account: Name, Address, Age, Marital Status, Occupation, Tax ID Number, Citizenship, Bank Reference, Listing of other brokerage accounts, Investment objectives, Relationship, if any, to the broker, Signature of the customer (s), broker and manager.