A US based broker will need the following in order to open an LLC trading account:
- Articles of Organization
- Operating Agreement
- Certification letter from the Department of State (Secretary of State)
- Listing of owners who own 10% or more with social security number and address
-...
Thanks for your swift replies...
I wish I understood the rules more clearly last year -- I wouldn't have wasted the money on forming the LLC. I was under the impression that in receiving a Fed EIN number and establishing an LLC name I could simply collect all trading activity under one...
I am hoping someone may provide an answer to this once and for all...
I traded 1256 contracts heavily throughout all of 2009 from a personal trading account using my SS# and my full name. I generated losses in excess of $3000.
In December 2009 I established an personal LLC and received a...
