General Securities Sales Supervisor (Series 10) Practice Exam 2025 - Free Series 10 Practice Questions and Study Guide

The required information on the order memorandum when an order is entered by a person with power of attorney includes various important elements to ensure proper record-keeping and compliance. Among these, the address of the account is essential because it serves as a method to verify the legitimacy of the order being placed on behalf of the account holder.

In practice, having the address helps the brokerage firm confirm the identity of the account holder and ensures that the order is consistent with the account's associated information. This is particularly important in cases where the power of attorney grants authority to another individual, as it strengthens the documentation supporting the transaction.

While other elements of information, such as the name of the account and the name of the person entering the order, are important, the specific emphasis on the address of the account underscores its role in transaction verification processes and compliance with regulatory requirements.