(Deletions are placed within brackets)
* * *
Part 2 - RULES GOVERNING THE BUSINESS CONDUCT OF MEMBERS REGISTERED WITH THE COMMISSION
* * *
|(e)||Third-Party Account Controllers.|
|No member FCM shall accept a customer account, and no Member FCM or IB shall introduce a customer account, over which a third party, not an Associate of such FCM or IB, is to exercise discretion without first obtaining[:(1) A] a copy of such account controller's written trading authorization or a written acknowledgment from the customer that such authorization has been given. [; and|
|(2)||An acknowledgment from the customer that the customer has received a disclosure document from the account controller, or a written statement from the account controller explaining why the account controller is not required to provide a disclosure document to the customer.]|
NFA is the premier independent provider of efficient and innovative regulatory programs that safeguard the integrity of the futures markets.