Common use of FOREIGN ACCOUNTS Clause in Contracts

FOREIGN ACCOUNTS. Any Customer of Service Provider that does not reside in the Service Provider’s governing jurisdiction may be asked to comply with special requests as required by any applicable governmental or regulatory agency or any other similarly such authority having jurisdiction thereof. In addition, Service Provider may be required to provide to an applicable governmental or regulatory agency with information regarding a Customer’s Account(s). Failure by the Customer to respond to such inquiries may result in immediate prohibition of the trading in the Customer’s Account(s) with the exception of offsetting trades to existing open positions. Service Provider also reserves the right to liquidate open positions at the request of any governmental, regulatory or like such agency and perform other duties as instructed by such agencies. All Foreign Accounts with Service Provider must present certain documents required for opening an account. These documents include such items as a copy of an official form of picture ID (i.e., Passport), proof of residence, and date of birth. Customer may upon request, may be required to provide additional documents and/or a bank reference before the Customer is approved for trading.

FOREIGN ACCOUNTS. Any Customer of Service Provider that does not reside in the Service Provider’s 's governing jurisdiction may be asked to comply with special requests as required by any applicable governmental or regulatory agency or any other similarly such similar authority having jurisdiction thereof. In addition, Service Provider may be required to provide to an applicable governmental or regulatory agency with information regarding a Customer’s 's Account(s). Failure by the Customer to respond to such inquiries may result in immediate prohibition of the trading in the Customer’s 's Account(s) with the exception of offsetting trades to existing open positions. Service Provider also reserves the right to liquidate open positions at the request of any governmental, regulatory or like such agency and perform other duties as instructed by such agencies. All Foreign Accounts with Service Provider must present certain documents required for opening an account. These documents include such items as a copy of an official form of picture ID (i.e., Passport), proof of residence, and date of birthbirth and corporate certificates, if applicable. Customer may upon request, may be required to provide additional documents and/or a bank reference before the Customer is approved for trading.