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Title 12: Banks and Banking
CHAPTER III: FEDERAL DEPOSIT INSURANCE CORPORATION
SUBCHAPTER B: REGULATIONS AND STATEMENTS OF GENERAL POLICY
PART 368: GOVERNMENT SECURITIES SALES PRACTICES
368.5 - Customer information.Prior to the execution of a transaction recommended to a non-institutional customer, a bank that is a government securities broker or dealer shall make reasonable efforts to obtain information concerning:
(a) The customer's financial status;
(b) The customer's tax status;
(c) The customer's investment objectives; and
(d) Such other information used or considered to be reasonable by such bank in making recommendations to the customer.
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