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Simple English definitions for legal terms
customer's man
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A quick definition of customer's man:
A customer's man is someone who helps people buy stocks and other investments. They are approved by the government to do this job. They are also called registered representatives. They work for a company that sells investments. They help customers understand what they are buying and how it works. They are like a helper or guide for people who want to invest their money.A more thorough explanation:
A customer's man is a registered representative who sells securities to the public. They are approved by the SEC and stock exchanges. Formerly, they were also called customer's person.
Example: John is a customer's man who works for a brokerage firm. He helps clients buy and sell stocks, bonds, and other securities.
This example illustrates that a customer's man is a professional who is authorized to sell securities to the public. They work for brokerage firms and help clients make investment decisions.