17 C.F.R. § 300.101   Individual accounts.


Title 17 - Commodity and Securities Exchanges


Title 17: Commodity and Securities Exchanges
PART 300—RULES OF THE SECURITIES INVESTOR PROTECTION CORPORATION
Accounts of “Separate” Customers of SIPC Members

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§ 300.101   Individual accounts.

(a) Except as otherwise provided in these rules, all accounts held with a member by a person in his own name, and those which under these rules are deemed his individual accounts, shall be combined so as to constitute a single account of a separate customer.

(b) An account held with a member by an agent or nominee for another person as a principal or beneficial owner shall, except as otherwise provided in these rules, be deemed to be an individual account of such principal or beneficial owner.

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