SIE (Securities Industry Essentials) 2025 – 400 Free Practice Questions to Pass the Exam!

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Which of the following items is NOT needed to open a cash account for a customer?

Customer's signature

To open a cash account for a customer, you would typically need their signature, employment status, legal age verification, and residential address. The only item that is not needed for this process is the customer's signature. While a customer's signature may be required for other documents or transactions, it is not specifically needed to open a cash account. Employment status, legal age verification, and residential address are essential pieces of information needed to verify the customer's identity and eligibility for a cash account.

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Employment status

Legal age verification

Residential address

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