Question: Hank, a registered representative for MegaBucks, Inc., believes that certain customer information is unnecessary in order for him to perform a satisfactory suitability analysis for
Hank, a registered representative for MegaBucks, Inc., believes that certain customer information is unnecessary in order for him to perform a satisfactory suitability analysis for a particular non-institutional customer. What must he do to be able to forgo obtaining that information? Obtain his firm's approval Obtain a signed waiver of suitability from the customer Document his reasonable basis for believing the information is irrelevant O Nothing; the decision to obtain specific customer information is within the discretion of the registered representative
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