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P.O. Box 812 Chicago, IL 60690 PHONE: (877) 653-2500 FAX: (866) 492-2478 Limited? Trading? Authorization? ? ? Account? Number: ? (Authorization?limited?to?cash/margin?purchases?and?sales?of?securities?and?securities?futures?and?commodities?only)?

How to fill out limited trading authorization

How to fill out limited trading authorization:

1. Obtain the necessary form: Start by obtaining the limited trading authorization form, which can usually be found on the website or customer portal of your brokerage or trading platform. Alternatively, you may need to request the form directly from your broker or financial institution.
2. Provide personal information: Begin by filling out your personal information on the form. This typically includes your full name, address, social security number or tax identification number, date of birth, and contact information. Make sure to double-check the accuracy of the information provided.
3. Specify the trading restrictions: Indicate the specific trading restrictions you wish to impose on the authorized trader. This may include restrictions on certain types of securities, markets, or trading strategies. Be as clear and specific as possible to ensure that your instructions are accurately followed.
4. Designate the authorized trader: Clearly state the name and contact information of the individual(s) whom you are authorizing to trade on your behalf. This person is typically referred to as the "authorized trader" or "designated representative." Ensure that you have obtained the necessary consent and agreement from the designated individual before including their information on the form.
5. Sign and date the form: Once you have completed all the required sections of the limited trading authorization form, carefully review the information for any errors or omissions. Then, sign and date the form to indicate your agreement and understanding of the terms and conditions outlined. By signing the form, you acknowledge that you have read and agree to the limitations and responsibilities associated with the authorized trading.

Who needs limited trading authorization?

1. Investors who require assistance: Limited trading authorization is beneficial for investors who require assistance in managing their investment portfolio or who may be unable to actively participate in trading due to various reasons, such as a busy schedule, lack of expertise, or physical limitations.
2. Individuals seeking advisory services: Those seeking professional investment advisory services may grant limited trading authorization to qualified financial advisors or asset managers. This allows the designated professionals to make trades on behalf of the investor based on an agreed investment strategy or objectives.
3. Clients with trust or fiduciary arrangements: Limited trading authorization is also commonly utilized in situations where there are trust or fiduciary arrangements in place. In such cases, the authorized trader acts as a trustee or fiduciary agent and is entrusted with executing trades according to the terms and conditions outlined in the authorization.

Note: It is important to consult with a qualified financial advisor or legal professional to determine if limited trading authorization is appropriate for your specific investment needs and goals.

For pdfFiller’s FAQs

What is limited trading authorization?

Limited trading authorization is when an investor gives a third party permission to trade on their behalf within certain specified limits.

Who is required to file limited trading authorization?

Investors who want to authorize someone else to make trades on their behalf within specific limitations are required to file limited trading authorization.

How to fill out limited trading authorization?

To fill out limited trading authorization, the investor must provide their personal information, the limitations on the trading authority granted, and sign the document.

What is the purpose of limited trading authorization?

The purpose of limited trading authorization is to allow investors to delegate trading decisions to a third party within set boundaries while retaining overall control of their portfolio.

What information must be reported on limited trading authorization?

Limited trading authorization must include the investor's name, contact information, the designated third party, trading limitations, and the duration of the authorization.

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