General
    beginner

    How does a broker act as a trustee during a deal?

    Ali Faizan Syed1 min read0 viewsUpdated 1/2/2026
    When a broker receives amounts, securities, or bonds for safekeeping or delivery to another party, they are legally deemed a trustee. The broker must return or deliver these items exactly as per the stipulated conditions. They are governed by strict trusteeship rules, and any misappropriation of these funds is a serious violation. This ensures that brokers handle sensitive financial instruments and deposits with the highest level of care and professional responsibility.

    Related Topics:

    Broker Trustee
    Safekeeping Funds
    Financial Responsibility
    Was this helpful?

    Need More Clarity?

    Get personalized advice from Ali Faizan Syed, your trusted Dubai real estate consultant.

    WhatsApp ConsultationCall Now

    Related Questions

    Browse Categories

    LegalInvestmentFinancingMarketVisaTaxes