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TRADING AUTHORIZATION
OR POWER OF ATTORNEY
(Accounts for individuals only)
1100 RobertBourassa Blvd, 7th Floor, Montreal, Quebec H3B 2G7ClearACCOUNT HOLDER IDENTIFICATION
I, the undersigned,
Surname
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How to fill out trading authorization or power
How to fill out trading authorization or power
01
Obtain the required trading authorization or power form from the relevant financial institution or broker.
02
Read the instructions provided with the form carefully and gather all the necessary information and documents that may be required.
03
Fill out the form accurately, providing all the requested information. This may include personal details, account information, and any special instructions or restrictions for the authorized trading.
04
Review the completed form to ensure all information is correct and accurate. Make sure to sign and date the form where required.
05
Submit the filled-out form to the financial institution or broker either in person, via mail, or through their online platform, following their specified submission instructions.
06
Wait for confirmation from the institution or broker regarding the processing of the authorization or power request. They may contact you for further information or clarifications if needed.
Who needs trading authorization or power?
01
Trading authorization or power may be needed by individuals or entities who wish to delegate the authority to make financial trades on their behalf.
02
This includes individuals who may not have the knowledge or expertise to actively manage their investments, but still want to take advantage of potential market opportunities.
03
Furthermore, institutional investors or organizations may require trading authorization or power to grant specific individuals or departments the ability to trade on behalf of the entity.
04
It is important to note that the specific requirements for trading authorization or power may vary depending on the financial institution or broker involved.
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What is trading authorization or power?
Trading authorization or power is the authority granted to an individual or entity to make trades on behalf of another person or entity.
Who is required to file trading authorization or power?
Individuals or entities who have been granted trading authorization or power are required to file.
How to fill out trading authorization or power?
Trading authorization or power can be filled out by providing the necessary information about the authorized individual or entity, as well as details about the trading activities being authorized.
What is the purpose of trading authorization or power?
The purpose of trading authorization or power is to ensure that authorized individuals or entities are able to make trades on behalf of another party in a legal and compliant manner.
What information must be reported on trading authorization or power?
The trading authorization or power must include details such as the name of the authorized individual or entity, the scope of their trading authority, and any limitations or restrictions placed on their trading activities.
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