LAWDOG BANKRUPTCY DICTIONARY

Stockbroker

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Under 11 U.S.C. Section 101, the term:

(53A) ''stockbroker'' means person -

(A) with respect to which there is a customer, as defined in section 741 of this title; and

(B) that is engaged in the business of effecting transactions in securities -

(i) for the account of others; or

(ii) with members of the general public, from or for such person's own account;

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