What can my Authorised Representative do?
Authorised representatives to your account have their own login details and are able to place trades on your account, initiate stock transfers and conversions (to and from the account holder only), and call and obtain trading information. Authorised representatives are unable to close the account, suspend or make the account inactive, prohibit account holders from trading, and change registration details of the account.
Authorised representatives to your account have their own login details and are able to place trades on your account, initiate stock transfers and conversions (to and from the account holder only), transfer funds into and out of the trading account, and call and obtain trading information. Authorised representatives are unable to close the account, suspend or make the account inactive, prohibit account holders from trading, change registration details of the account, and change the nominated bank account.
Related Questions
- FS 165 I am an authorised representative (or general insurance distributor). Do I have to refer to my AFS licensee in business documents?
- What rights/access does an authorised representative have to my personal information?
- Can my adviser or authorised representative make an online contribution for me?
