At AMP Futures, we prioritize the security of your funds and adhere to strict regulations to protect your investments. Here's how we ensure your money is safeguarded:
1. Segregated Customer Accounts:
- What This Means: Your funds are kept in separate bank accounts, distinct from AMP's own assets.
- Why It's Important: This separation ensures that your money is used solely for your trading activities and isn't accessible for AMP's operational expenses or debts.
2. Regulatory Oversight:
- Governing Bodies: AMP Futures operates under the supervision of U.S. federal agencies and nationwide industry regulators.
- Their Role: These organizations regularly monitor our practices to ensure compliance with financial regulations and the proper handling of customer funds.
3. In an Unforeseen Event of AMP's Insolvency:
- Protecting Your Funds: Even though your funds are in segregated accounts, it's important to note that futures trading accounts are not covered by insurance programs like the Securities Investor Protection Corporation (SIPC) that protect securities accounts.
- Fund Distribution: A government-appointed trustee would oversee the return of your funds.
4. Responsibility for Trading Outcomes:
- Your Role: While we secure your funds, you are responsible for your trading decisions.
- Implications: This means you bear the full impact of any profits or losses resulting from your trades.
For detailed information about our policies and your responsibilities, please review the "Limitation of Liability" section in our customer agreement.
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