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Canadian Securities Course (CSC) Practice Exam · Question

When opening a new investment account for an individual, which of the following is NOT typically required information to collect?

While personal details are collected, marital status is generally not a required piece of information for the core purpose of account opening and suitability as

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Question: When opening a new investment account for an individual, which of the following is NOT typically required information to collect?

Answer options: ✅ Marital status

  • Occupation and employer
  • Investment objectives and risk tolerance
  • Financial situation, including income and assets

Correct answer: Marital status

Explanation: While personal details are collected, marital status is generally not a required piece of information for the core purpose of account opening and suitability assessment, unlike occupation, financial situation, and investment objectives.

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