Series 6 - Investment Company And Variable Contracts Products Representative Exam

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Discretionary power that allows a non-owner of an account to enter buy and sell orders but not withdraw assets is:

Durable POA
A
Limited POA
B
Full POA
C
None of the above
D

Explanations

Limited power of attorney allows a non-account-owner to place trades in an account, but not to withdraw assets from the account.

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