SIE practice questionmediumAccount Types – Discretionary Authority
Who can exercise discretionary authority in a brokerage account?
- AAn authorized agent with written authorization✓ Correct answer
- BAny family member
- CAny registered representative
- DAccount owner only
Explanation
Why A — An authorized agent with written authorization
Only an agent with written discretion may trade on behalf of an account owner; family members or representatives need explicit authorization.
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