§ 363.22 Who has the right to conduct online transactions in book-entry securities?

(a) Individual—(1) Single owner form of registration. A single owner can conduct transactions in securities held in his or her TreasuryDirect ® account.

(2) Owner with beneficiary form of registration. The owner can conduct transactions in securities held in his or her TreasuryDirect account. The beneficiary has no rights during the lifetime of the owner and therefore cannot conduct transactions in the securities.