Robert Sergeant owns 15% of the shares of ABC Logistics Inc., a privately-held corporation. Would a dealer
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Question:
Robert Sergeant owns 15% of the shares of ABC Logistics Inc., a privately-held corporation. Would a dealer member opening a corporate account for ABC Logistics be required to obtain his name, address and occupation in relation to this account?
a.No, because he is not the person opening the account.
b.No, because he owns less than 25%.
c.No, because only directors are required to be identified.
d.Yes, because he owns more than 10%.
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