Identifies the type of owner.
| Code | Meaning |
|---|---|
| 1 | Individual investor |
| 2 | Public company |
| 3 | Private company |
| 4 | Individual trustee |
| 5 | Company trustee |
| 6 | Pension plan |
| 7 | Custodian under Gifts to Minors Act |
| 8 | Trusts |
| 9 | Fiduciaries |
| 10 | Networking sub-account |
| 11 | Non-profit organization |
| 12 | Corporate body |
| 13 | Nominee |
| 14 | Institutional customer |
| 15 | Combined |
| 16 | Member firm employee or associated person |
| 17 | Market making account |
| 18 | Proprietary account |
| 19 | Non-broker-dealer |
| 20 | Unknown beneficial owner type |
| 21 | Error account of firm |
| 22 | Firm agency average price account |