Exceptions to Client Identification
- Does a trustee in bankruptcy classify as a very large corporation?
- If I take a listing from a financial institution, under power of sale, do I have to identify them as a Corporate or "Other Entity" Identification?
- If an Agent properly ID’ed an individual client in the past, can you still rely on the exceptions to client identification if the ID that was originally used to identify the client has since expired?
- If a client has conducted business with the brokerage before and been properly ID’ed, do they need to be ID’ed again even if the specific agent or broker dealing with the client does not recognize them?