Get the free Limited Trading Authorization Form - Dreyfus

Dreyfus Lion Account # Dreyfus Brokerage Services P.O. Box 9008 Hinesville, NY 11802-9008 TRADING AUTHORIZATION LIMITED TO PURCHASE AND SALES OF SECURITIES CUSTOMER IDENTIFICATION PROGRAM NOTICE IMPORTANT

How to fill out limited trading authorization form

How to fill out a limited trading authorization form:

1. Begin by obtaining a copy of the limited trading authorization form from your brokerage or financial institution. This form is typically available on their website or can be requested by contacting their customer service.
2. Carefully read the instructions and terms provided on the form. It is essential to understand the scope of the authorization you are granting and any limitations or restrictions associated with it.
3. Provide your personal information as requested on the form. This may include your full name, address, contact details, and social security number or any other identification number required by your brokerage.
4. Specify the accounts and assets you wish to grant limited trading authorization for. This may include investment accounts, trading platforms, retirement accounts, or other financial products. Make sure to double-check the accuracy of the account numbers and names.
5. Indicate the specific permissions or restrictions you want to apply to the authorization. For example, you may choose to allow trading only in certain types of investments (e.g., stocks, bonds, mutual funds) or set limits on the frequency or size of trades.
6. Review the document thoroughly before signing and dating it. Pay close attention to any terms and conditions, disclaimer clauses, or risks associated with granting the authorization. If you have any doubts or concerns, seek clarification from your broker or legal advisor.
7. Once you are satisfied with the information provided, sign and date the limited trading authorization form. Some forms may require additional witness signatures or notarization, so be sure to follow the instructions precisely.
8. Keep a copy of the completed form for your records. It is advisable to have a record of all documents related to your financial accounts and transactions.

Who needs a limited trading authorization form?

A limited trading authorization form is typically required by individuals who wish to grant someone else the authority to make trades or investment decisions on their behalf within certain predefined limits. The need for such a form may arise in various scenarios, including:

1. Financial and investment advisors: Clients may grant limited trading authorization to their financial advisors or investment managers, allowing them to execute trades within specific guidelines aligned with the client's investment strategy.
2. Power of attorney: Individuals who have granted someone power of attorney may use a limited trading authorization form to specify the extent of trading authority they want to confer upon the designated person.
3. Joint account holders: When multiple individuals share a joint investment account, they may use a limited trading authorization form to establish guidelines or restrictions on trading activities to ensure consensus and prevent unauthorized trades.
4. Guardians or conservators: Court-appointed guardians or conservators who are responsible for managing the financial affairs of minors or incapacitated individuals might use limited trading authorization forms to regulate investment decisions within legally established boundaries.

It is essential to consult with your broker, financial advisor, or legal professionals to determine if a limited trading authorization form is necessary and to ensure you comply with any regulatory requirements or restrictions imposed by your brokerage.

For pdfFiller’s FAQs

What is limited trading authorization form?

A limited trading authorization form is a document that grants someone other than the account holder the authority to make trades on their behalf, but with certain restrictions on the types of trades or the amount of funds that can be traded.

Who is required to file limited trading authorization form?

The account holder, or their legal representative, is required to file a limited trading authorization form if they want to grant someone else the authority to trade on their behalf.

How to fill out limited trading authorization form?

To fill out a limited trading authorization form, you need to provide personal details of the account holder and the authorized trader, specify the restrictions or limitations on the authorized trading activities, and sign the form to acknowledge the authorization.

What is the purpose of limited trading authorization form?

The purpose of a limited trading authorization form is to establish a legal agreement between the account holder and the authorized trader, clearly outlining the extent of authority granted and any restrictions on trading activities.

What information must be reported on limited trading authorization form?

The limited trading authorization form typically requires information such as the account holder's name, contact details, account number, the authorized trader's name and contact details, and specific details regarding the limitations or restrictions on trading activities.

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