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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.
Individuals and entities involved in securities trading, including broker-dealers, investment advisers, and issuers of securities, are required to file FACTS.
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.
The purpose of FACTS is to enhance transparency, accountability, and compliance in the financial sector by ensuring all securities-related activities are reported properly.
Information required includes transaction details, account holdings, financial statements, and disclosures related to securities and financial instruments.
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