House Rules

Securities industry term for internal rules and policies of individual broker-dealer firms concerning the opening and handling of customers' accounts and the activities of the customers in such accounts. House rules are designed to assure that firms are in comfortable compliance with the requirements of outside regulatory authorities and in most cases are more stringent than the outside regulations. See also House Call; House Maintenance Requirement.

Refers to the rules by which the house or gambling establishment administers its games.

SoundPoker Says: This usually includes setting out specific betting limits, number of raises allowed, what constitutes a dead hand, actions that are to be taken when the rules are violated etc.

See Also: Brick and Mortar, Cardroom, Casino, Home Games, Online Poker