17 C.F.R. § 300.103
Accounts held by a corporation, partnership or unincorporated association.
Cite as 17 C.F.R. § 300.103 (2026)
A corporation, partnership or unincorporated association holding an account with a member shall be deemed to be a separate customer distinct from the person or persons owning such corporation or comprising such partnership or unincorporated association if on the filing date it existed for a purpose other than primarily to obtain or increase protection under the Act.