Guided Account Program Law and Legal Definition

According to 17 CFR 15.00 (Title 17 -- Commodity and Securities Exchanges; Chapter I - Commodity Futures Trading Commission; Part 15 - Reports - General Provisions), guided account program means “any customer trading program which limits trading to the purchase or sale of a particular contract for future delivery of a commodity or a particular commodity option that is advised or recommended to the participant in the program.”