SIE Lesson 16 | Joint Accounts, Trusts & Margin Accounts Explained! скачать в хорошем качестве

SIE Lesson 16 | Joint Accounts, Trusts & Margin Accounts Explained!

Welcome to Lesson 16 of the Securities Industry Essentials (SIE) Masterclass. In this lesson, we break down customer account types — a heavily tested compliance section of the FINRA SIE exam. You will learn: • Individual accounts • Joint tenants with rights of survivorship (JTWROS) • Tenants in common (TIC) • Corporate and partnership accounts • Trust accounts and fiduciary responsibility • Custodial accounts (UTMA / UGMA) • Retirement accounts overview • Margin vs cash accounts • Discretionary account requirements • Power of attorney authority The SIE frequently tests: • Survivorship rules in joint accounts • What happens upon death of an account holder • Who has trading authority • Written requirements for discretion • Fiduciary duty in trust and custodial accounts • Margin agreement requirements This lesson reinforces regulator mindset — focusing on ownership structure, authority and investor protection. Understanding account types is essential before mastering suitability and documentation rules. Follow the full SIE Masterclass playlist for structured, exam-first preparation.