Photo ID required by brokers?

Discussion in 'Retail Brokers' started by pretzel, Jun 5, 2002.

  1. pretzel


    I was asked by one of my brokers to provide a photo ID, citing the "Patriotic Homeland Security Act". Anybody have a similar experience?

  2. alanm


    Part of the requirements of the PATRIOT anti-terrorism law is for brokers to "know their customer", which means that they can require reasonable identification.

    Here's a link to some info at NASD regulation: