USA Patriot Act

The USA PATRIOT Act is designed to detect, deter, and punish terrorists in the United States and abroad. The Act imposes new anti-money laundering requirements on brokerage firms and financial institutions. Money laundering is the process of disguising illegally obtained money so that the funds appear to come from legitimate sources or activities. As part of our required program, we may ask you to provide various identification documents or may do a background review of your firm and / or customers. Until you provide, or we attain through our search, the information or documents we need, we may not be able to open an account or effect any transactions for you.

Customer Identification Program Notice

Important Information You Need to Know about Opening a New Account

To help the government fight the funding of terrorism and money laundering activities, federal law requires financial institutions to obtain, verify and record information that identifies each entity that opens an account. A corporation, partnership, trust or other legal entity may need to provide information such as certified articles of incorporation, government-issued business license, a partnership agreement or a trust agreement.

U.S. Department of the Treasury, Securities and Exchange Commission, FINRA, and New York Stock Exchange Rules already require you to provide this information. What happens if you don't provide the information requested or your identity can't be verified? Your firm may not be able to open an account or enter transactions in your account. If your firm has already opened an account, we may have to close it. 

Thank you for your patience and we hope that you will support us in our efforts to deny terrorist groups access to the U. S. financial system.