|
Over-the Counter Customer Business. The financial stability of your trading partners is
the most important factor in determining whether to trade Over-The-Counter. Alliance maintains
equity capital of approximately $5,000,000 and has multi-million dollar settlement facilities
with major banking and trading institutions.
Exchange-traded Futures Customer Business. Alliance's compliance with the Commodity
Exchange Act and Commodity Futures Trading Commission ("CFTC") Regulations in connection with
its customer business in regulated futures and futures options is guaranteed by its affiliate,
Integrated Brokerage Systems, LLC, which is registered with the CFTC as a futures commission merchant.
Alliance is a member of the National Futures Association ("NFA"), which is Alliance's Designated
Self-Regulatory Organization ("DSRO") for the regulated futures and futures options portions
of its customer business. As Alliance's DSRO, NFA conducts regulatory audits and reviews of
Alliance's regulated futures and futures options customer business.
Financial Audits. Alliance submits its books, records and business activities to
an annual audit and review by an independent certified public accounting firm. Alliance's Independent
Accountant of Record is:
Ryan & Juraska
Certified Public Accountants
141 West Jackson Boulevard — Suite 2250
Chicago, Illinois 60604
| Regulatory Notice. The regulatory oversight of
Alliance's customer business by the Commodity Futures Trading Commission and National
Futures Association is limited to exchange-traded futures and futures options. The lack
of regulation in the Over-the Counter Markets could expose customers in certain
circumstances to significant losses in the event of trading abuses and counterparty risk. |
|
