Under the Know
Your Customer provisions of The Patriot Act of 2001,
FCMs and other financial institutions are required to
obtain proof of identity in conjunction with the
account opening process. Depending on the type of
account, country of origin, citizenship and other
factors, you may be required to submit additional
documents along with your thoroughly completed and
properly signed account forms. These documents may be
submitted to your broker or faxed to RCG’s New
Accounts Department at (312) 795-7799
|
| Individual or Joint Accounts for
US Citizens or US Resident Aliens |
- If you are employed by a
broker/dealer, FCM, bank or insurance company, a
letter from your employer consenting to the
account opening.
- If you are self-employed in
trading, investments or other financial services,
a letter from you stating that you are investing
your own personal funds and that no funds from
others will be deposited or solicited.
- If requested,
a copy of your driver’s license, passport or
other government-issued ID.
|
| Individual or Joint Accounts for
Foreign Citizens |
- Copy of a passport or other
government-issued ID.
- Signed Foreign Certification.
- If you are employed by a
broker/dealer, FCM, bank or insurance company, a
letter from your employer consenting to the
account opening.
- If you are self-employed in
trading, investments or other financial services,
a letter stating that you are investing your own
personal funds and that no funds from other
individuals will be solicited or deposited.
- If you are located in a
non-cooperating Financial Action Task Force
(FATF) country or a country that is not a FATF
cooperating country, a copy of a current bank
statement, prior year’s tax return, or
letter of reference from a recognized bank,
accounting or law firm.
- If requested,
other documentation showing proof of residency or
citizenship.
|
| Corporate Account for US
Corporations |
- Copies of Articles of
Incorporation and By-Laws which clearly identify
the officers of the corporation and their
authority to act on behalf of the corporation in
opening an account. Only authorized signers may
sign the account opening documents on behalf of
the corporation.
- If requested, a copy of a
passport or government-issued ID from one or more
officers of the corporation.
- If requested,
other documentation confirming the legal status,
ownership or business of the entity.
|
| Corporate Account for Foreign
Corporations |
- Copies of Articles of
Incorporation and By-Laws which clearly identify
the officers of the corporation and their
authority to act on behalf of the corporation in
opening the account. Documents must be in English
or be accompanied by a certified translation.
Only authorized signers may sign the account
opening documents on behalf of the corporation.
- Properly signed Foreign
Certification.
- Copies of the passports or
other government-issued IDs of officers signing
on behalf of the corporation.
- If the corporation is located
in a non-cooperating FATF country or a country
that is not a FATF cooperating country, a copy of
a current bank statement, prior year’s tax
return, audited financial statement, or a letter
of reference from a recognized bank, accountant
or law firm.
- If requested,
other documentation confirming the legal status,
ownership or business of the entity.
|
| Partnership/LLC Account for US
Partnerships and Limited Liability Companies |
- Copies of the Partnership
Agreement/Operating Agreement and annual state
filing. These documents must clearly identify the
general partner(s)/member(s) and/or other persons
authorized to act on behalf of the entity.
- If requested, a copy of the
driver’s license, passport or other
government-issued ID of authorized
partner(s)/member(s).
- If requested,
other documentation confirming the legal status
or business of the entity.
|
| Trust Account for US Trusts |
- Copy of the entire trust
agreement that clearly identifies the trustees
and clearly states their authority to open an
account for the trading of futures and options.
If no such authorization exists in the trust
document, a properly signed amendment to the
trust stating that the trustees have the
authority to invest in futures and options and
that such investment does not violate any other
provision of the trust.
- If requested, a copy of the
driver’s license, passport or other
government-issued ID of the trustees may be
required.
- If requested,
other documentation confirming the legal status
and purpose of the trust.
|
| Trust Account for Foreign Trusts
|
- Copy of the entire trust
agreement that clearly identifies the trustees
and clearly states their authority to open an
account for the trading of futures and options.
If no such authorization exists in the trust
document, a properly signed amendment to the
trust stating that the trustees have the
authority to invest in futures and options and
that such investment does not violate any other
provision of the trust. All documents must be in
English or be accompanied by a certified
translation.
- Properly signed Foreign
Certification.
- Copies of passports or other
government-issued IDs for the trustees.
- If requested,
other documentation confirming the legal status
and purpose of the trust.
|
| Online Forms |
| RCG’s online account forms are
so easy to use – you’ll probably complete them
in less than 10 minutes! How can we say that? With our
forms, we’ll make sure you complete all the required
information – and nothing more. Here’s how easy
they are: |
- You begin by selecting the
type of account you’re interested in:
| Individual |
| Joint |
| Corporate |
| Trust |
| Partnership/Limited
Liability Company |
- You then create a user ID and
password for your account application. This step
ensures that your account application is secure.
It also allows you to review the information you
submitted to RCG at a later date by entering your
user name and password.
- When you select a password,
make sure it is something easy to remember. This
password will become your “passport” to
many of our products and services, including
access to current and historical information
about your account as well as access to our
electronic trading platforms.
- To start the application, we
ask you a few brief questions about your type of
trading and how you will execute your trades.
With those answers and information about your
personal and financial situation, we will guide
you through the forms you need for a complete
application.
- As you go through the
application, you will notice that certain
information is required while other information
is optional. If you forget to complete any of the
required information, we will highlight the
missing information so you can add it before you
go on to the next page.
- On certain pages, you will be
asked to acknowledge that you have read the
information. On other pages you will be asked to
enter an electronic signature. Whenever you are
asked to enter an electronic signature, you must
do so using the exact name as it appears on the
account form. For example, if the name you have
entered on your account application is James
Smith, you must sign the form as James Smith.
“J. Smith” or “Jim Smith”
will not be accepted.
- Once you complete all the
required forms, press “Submit”, and
your information will be securely transmitted to
RCG for review and approval.
- If your account application
requires additional documentation (proof of
identity or other legal documents), you may fax
those documents to your broker or to RCG’s
New Accounts Department at (312) 795-7799.
- In many cases, we will be
able to approve your account within one or two
business days of receiving your completed
application and other documents.
- Once approved,
we will notify you of your account number, so
that you may fund your account and begin trading.
|
