Recordkeeping.

CFR · 2024-01-01 · US · Title 12

(a) (1) (i) The name and address of the person for whom such retail forex account is carried or introduced and the principal occupation or business of the person; (ii) The name of any other person guaranteeing the account or exercising trading control with respect to the account; (iii) The establishment or termination of the account; (iv) A means to identify the person who has solicited and is responsible for the account or assign account numbers in such a manner as to identify that person; (v) The funds in the account, net of any commissions and fees; (vi) The account's net profits and losses on open trades; (vii) The funds in the account plus or minus the net profits and losses on open trades, adjusted for the net option value in the case of open options positions; (viii) Financial ledger records that show separately for each retail forex customer all charges against and credits to such retail forex customer's account, including but not limited to retail forex customer funds deposited, withdrawn, or transferred, and charges or credits resulting from losses or gains on closed transactions; and (ix) A list of all retail forex transactions executed for the account, with the details specified in paragraph (a)(2) of this section. (2) (i) The date and time the banking institution received the order; (ii) The price at which the banking institution placed the order, or, in the case of an option, the premium that the retail forex customer paid; (iii) The customer account identificat

official document · source cfr-2024 · id 12:§ 240.7