Submitting information about your annual income, occupation, and net worth is required prior to opening a trading account under your name, according to US regulation purposes. Find more details on SEC's and FINRA's websites.
- SEC's Website: https://www.sec.gov/oiea/investor-alerts-bulletins/investoralertsib_openbrokerageaccounthtm.html
- FINRA's Website: https://www.finra.org/investors/learn-to-invest/brokerage-accounts/opening-brokerage-account