Series 27: Customer Identification Program (CIP)

Taken from our Series 27 - Financial and Operations Principal Qualification Examination

Definition of the term Customer Identification Program (CIP)...

a program mandated by the U.S. PATRIOT Act that requires broker-dealers to independently verify the identity of its customers.

Since you're reading about Series 27: Customer Identification Program (CIP), you might also be interested in:

Solomon Exam Prep Study Materials for the Series 27
Please Enable Javascript
to view this content!