HomeMy WebLinkAboutAttachment B CertificationAttachment B
Acknowledgment by Business Organization
I am a registered principal or authorized representative of:
____________________________________________________________________
located at ____________________________________________________________ (the “Firm”). The Firm is a registered dealer under the Securities Exchange Act of 1934 (the “Act”), and a member
of the Financial Industry Regulatory Authority (“FINRA”).
I have received a copy of the City of Rexburg (the “City”) investment policy dated
_____________________. I have provided each current licensed member of the sales personnel who perform investment services for the City with a copy of your investment Policy and have
instructed these professionals to familiarize themselves with the terms of the Policy.
The Firm has implemented reasonable procedures and controls in an effort to preclude investment transactions conducted between the Firm and the City that are not authorized by the City’s
investment policy, except to the extent that this authorization is dependent on an analysis of the composition of the entity’s entire portfolio.
As a FINRA registered dealer, the Firm is subject to the rules of the Securities and Exchange Commission (the “SEC”) and the Rules of Fair Practices of FINRA. Those rules establish requirements
for, among other things, net capital, reserves and custody of customer securities, and suitability of investment recommendations. Those rules also prohibit the use of fraudulent and
deceptive practices.
The Firm has extensive internal procedures to assist the firm in complying with the rules of the SEC, FINRA and other regulatory bodies having jurisdiction. The Firm’s compliance with
these rules shall be monitored by FINRA-licensed supervisory principals and its Compliance Department. This process is audited routinely by both internal and outside auditors.
Signature:_______________________________________________
Name:__________________________________________________
Title:___________________________________________________
Date:___________________________________________________