Rule 2150 - Improper Use of Customers' Securities or Funds

Rule 2150, part of the FINRA Rulebook, prohibits a broker or associated person from using, or having unauthorized access to, any customer's securities or funds for personal benefit, including the settlement of personal obligations or the purchase of personal assets. The rule mandates strict segregation of client assets from firm property and requires immediate restitution if misuse occurs, with violations subject to disciplinary action by FINRA.