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Rev.FACTS12/2010WHAT DOES Marine Credit Union DO WITH YOUR PERSONAL INFORMATION?Why?Financial companies choose how they share your personal information. Federal law gives consumers the right to limit
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FACTS (Financial Accountability Compliance and Transparency System) ensures that financial and operational information is reported accurately for security investments and related activities.
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Individuals and entities involved in securities trading, including broker-dealers, investment advisers, and issuers of securities, are required to file FACTS.
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To fill out FACTS, individuals and entities should gather necessary financial data and complete the standardized forms provided by the regulatory authority, ensuring all required information is accurately reported.
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The purpose of FACTS is to enhance transparency, accountability, and compliance in the financial sector by ensuring all securities-related activities are reported properly.
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Information required includes transaction details, account holdings, financial statements, and disclosures related to securities and financial instruments.
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