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5th Yr Sch App 12 Pmd Accounting Mccoy Txstate  Form

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[Music] hey this is kenet capital vintage tutoring my job to get you through the series 7 the SI exam stuff like that this one I don't know if it's going to be long or not I'm going to talk about discretion and power of attorney and all the different variances of it so hopefully it will be somewhat interesting and let's get into it so when you open an account at a Brooker dealer you can do it self-directed like I do and there's probably a rep somewhere attached to my account but you may not you may actually have a rep that you're dealing with so you have two typ of relationships one where it's a discretionary account where they can do trades without telling you ahead of time or a non-discretionary where every trade they have to do has to be approved by you in some way matters so let's start with that one a a non-discretionary account is literally you have an account you have a rep he or she comes up with ideas they give yo

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