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Rule 230.2. Termination of Inactive Cases (a) At least once a year, T the court may shall initiate proceedings to terminate a case in which there has been no activity of record for two years or more
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Rule 2302 termination is the termination of a customer's account with a broker-dealer.
The broker-dealer is required to file rule 2302 termination when a customer's account is terminated.
Rule 2302 termination should be filled out with details of the customer's account, reason for termination, and any required signatures.
The purpose of rule 2302 termination is to formally close a customer's account with a broker-dealer.
Rule 2302 termination must include the customer's account number, date of termination, reason for termination, and any outstanding balances.
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