Global Definitions Database

Access, learn and discover all terms related to the non-listed real estate sector.

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Know Your Customer (KYC)

Implemented in 2012 by FINRA Rule 2090 (Know Your Customer) and Rule 2111 (Suitability), regulations that require broker-dealers to know and keep essential facts of their customers.
 

Source: NCREIF | Date: 05 September 2025 | ID: D1241 | Version: 1