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Insured Money Market Reserve Sweepers and Conditions October 2022Insured Money Market Reserve Sweep Terms and Conditions1. Introduction Insured Money Market Reserve Sweep Program (Program) is offered

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How to fill out sweep program disclosure statement

01

Gather all relevant information about your sweep program, including the program name, rules, and prizes

02

Prepare a clear and concise written statement detailing the key terms and conditions of the sweep program

03

Include specific information such as eligibility requirements, entry methods, start and end dates, and prize details

04

Provide a detailed explanation of how winners will be chosen and how prizes will be distributed

05

Make sure to include any disclaimers or limitations of liability to protect your company from legal issues

06

Review the disclosure statement for accuracy and completeness before distributing it to participants

Who needs sweep program disclosure statement?

01

Companies or organizations that are running a sweepstakes or contest as part of a promotional campaign

02

Companies or organizations that are required by law to provide disclosure statements for their sweep programs

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What is sweep program disclosure statement?

A sweep program disclosure statement is a document that discloses information about the operation of a sweep program, including how the program works and the risks involved.

Who is required to file sweep program disclosure statement?

Financial institutions that offer sweep programs are required to file sweep program disclosure statements.

How to fill out sweep program disclosure statement?

To fill out a sweep program disclosure statement, financial institutions must provide detailed information about the operation of the sweep program, including how customer funds are swept and any associated risks.

What is the purpose of sweep program disclosure statement?

The purpose of a sweep program disclosure statement is to provide transparency to customers and regulators about how a sweep program operates.

What information must be reported on sweep program disclosure statement?

Information reported on a sweep program disclosure statement may include details about the types of investments the program sweeps customer funds into, any fees associated with the program, and the risks involved.

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