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In 2012, Amazon was accused of terminating a woman’s account and deleting the books from her machine, stating that her account was linked to another that had abused its policies. The corporate did not provide much data and gave no recourse for resolution. While this is one isolated incident, it has prompted renewed concern about digital rights administration (DRM) [sources: Aguilar, Mosbergen].
Once you open an account with a United States on-line brokerage, you’ll answer questions on your funding and financial historical past. These questions decide your suitability for the account you’re requesting — the brokerage can not legally allow you access to investments that you can not fairly handle. You’ll even have to offer your handle, phone number, social safety number and different personal information. This helps the brokerage monitor and report your investments in accordance with tax rules and the PATRIOT Act.