Rating: 1 Posted By: baplus8 Views: 117 Replies: 2 I came across brokerage firms with national reach in the US who send letters to individual account holders requesting updated personal information: contact info, occupation, investment preferences, income, net worth, etc.One firm cited the "SEC Books and Records rule."I believe these letters to be misleading account holders.

Topics:  rating   posted   views   replies   sec books   records   i   rule   account   holders   letters   personal   contact   brokerage   
BING NEWS:
  • Here are the New IRS Rules for Digital Assets and “Brokers,” Treatment of DeFi
    The Internal Revenue Service (IRS) has posted final regulations regarding information reporting by brokers who affect transactions of digital assets. These ...
    12/31/2024 - 8:23 am | View Link
  • IRS Broker Rule for Digital Assets Faces Constitutional Challenge From Industry Leaders
    Three digital asset organizations have jointly filed a lawsuit challenging the Internal Revenue Service’s (IRS) new digital asset broker ...
    12/31/2024 - 4:15 am | View Link
  • More