Get Partnership Account Application - Rand Financial

Completing the Partnership Account Application - Rand Financial online is a straightforward process. This guide will walk you through each section of the form, ensuring you provide all necessary information accurately and efficiently.

Follow the steps to successfully complete the application online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Select the type of account you are applying for by marking the appropriate option: General Partnership, Limited Partnership, or Other. If you choose 'Other', please specify the type.
3. Enter the name of your partnership in the section provided, followed by the Taxpayer ID number.
4. Fill in the business address, including telephone number, fax number, and email address.
5. If your mailing address is different from the business address, provide it in the corresponding section.
6. Indicate the state or country of formation, as well as the date of formation of the partnership.
7. Describe the principal business activities of the partnership.
8. List the names of the general partners as stated in the Partnership Agreement, along with their years of experience in commodity futures/options trading and securities/securities options trading.
9. Provide the name of any brokerage firms where the partnership or its general partners currently have or previously had an account, along with the respective account numbers.
10. Indicate whether any individual or entity other than the partnership or its general partners controls trading in this account. If yes, please provide the name and their relationship to the customer.
11. State your trading objectives, selecting either 'Speculative' or 'Hedging'. If hedging, describe the nature of your business and the commodities to be hedged.
12. Answer whether anyone else guarantees or has a financial interest of 10% or more in the partnership, providing their name and relationship if applicable.
13. Respond to whether the partnership, general partners, or any principals have interests in other trading accounts and if they have had any unsatisfied debit balances at any brokerage firm.
14. Indicate if the partnership, general partners, or principals have ever been part of litigation or investigations involving governmental or regulatory agencies, providing details if applicable.
15. Confirm if the partnership or general partners are members of relevant regulatory bodies and provide details.
16. Attach a copy of the partnership agreement and provide the most recent audited financial statement, or complete the confidential financial statement including details about liquid assets and liabilities.
17. Fill out bank references, including the name of the bank, address, telephone number, and account number.
18. Sign and date the application, ensuring all the provided information is accurate before submission.
19. Finally, save changes, download, print, or share the completed form as needed.

Complete your Partnership Account Application online today.