1---2name: finra-4512-customer-info3description: Drafts a FINRA Rule 4512 customer account information checklist for broker-dealers covering identification, trusted contact, affiliations, suitability profile, and account elections. Trigger when the user mentions FINRA 4512, customer account information, KYC/CIP onboarding, trusted contact person, Rule 2111 suitability, Rule 3210, or broker-dealer new account setup.4license: Apache-2.05---67# FINRA Rule 4512 — Customer Account Information89Generates a Rule 4512-compliant account information packet for supervisory review and exam readiness.1011## Quick Start1213Gather before drafting:14- Firm WSPs and approved onboarding/KYC forms15- Government ID(s) and tax forms (W-9/W-8) for all holders16- Entity docs if applicable (trust agreement, LLC/corp docs, POA, UTMA/UGMA)17- Investment profile inputs (objectives, risk tolerance, horizon, financials, experience)18- Disclosure/consent forms (E-SIGN, margin, options ODD, securities lending, privacy)1920## Core Workflow2122Complete each section. Record "Declined" with date for non-mandatory declinations. Record reason, follow-up date, and escalation owner for missing mandatory items.2324### A. Header2526| Field | Req | Notes |27|---|---|---|28| Customer name(s) | Yes | Legal name per ID/tax form |29| Account number | Yes | "TBD" if pending |30| Account type | Yes | Individual, joint, IRA, trust, entity, custodial |31| Date opened | Yes | Actual or "Pending" |32| Representative | Yes | Name + CRD/rep ID |3334### B. Customer Identification (4512 + CIP)3536| Field | Req | Notes |37|---|---|---|38| Legal name | Yes | Must match government ID |39| Physical address | Yes | No PO box for primary |40| Date of birth | Yes | Individuals only `[VERIFY]` |41| Tax ID (SSN/EIN/TIN) | Yes | Record type; last 4 per policy |42| Citizenship/residence | CIP | `[VERIFY]` |43| Authorized persons | Entities | Signers and controllers `[VERIFY]` |44| Beneficial owners | Entities | CDD rule `[VERIFY]` |4546### C. Trusted Contact (4512(a)(1)(E))4748| Field | Req | Notes |49|---|---|---|50| Offer made | Yes | Record date |51| Accepted/declined | Yes | Record decision + date |52| Name, relationship, contact | If accepted | Full legal name, phone, email |53| Scope statement | Yes | Informational only — no trading authority unless separate legal authority |5455### D. Employment & Affiliations5657| Field | Req | Notes |58|---|---|---|59| Employment status | Yes | Employed, self-employed, retired, student, unemployed |60| Occupation/title | Yes | Role and industry |61| Employer name/address | If employed | Include control person if applicable |62| BD association | Yes | Rule 3210 implications `[VERIFY]` |63| Exchange/FINRA affiliation | Yes | Include household `[VERIFY]` |64| Insider/issuer affiliations | If applicable | Director/officer/10%+ holder |6566### E. Investment Profile (Rule 2111)6768| Field | Req | Capture |69|---|---|---|70| Objectives | Yes | Preservation, income, growth, speculation |71| Risk tolerance | Yes | Low/medium/high + narrative |72| Time horizon | Yes | Short/medium/long + goals |73| Liquidity needs | Yes | Near-term cash needs or restrictions |74| Income/net worth | Yes | Annual income, liquid NW, total NW |75| Experience by product | Yes | None/limited/moderate/extensive per asset class |76| Constraints | If applicable | ESG, sector, tax sensitivity |7778### F. Account Features7980- [ ] Margin: requested, disclosure delivered, agreement date81- [ ] Options: approval level, ODD delivered, delivery date82- [ ] Dividend reinvestment election83- [ ] Cash sweep selection84- [ ] Securities lending consent85- [ ] Standing instructions (systematic invest/withdraw)8687### G. Delivery & Consent8889- [ ] E-SIGN consent (email on file)90- [ ] Mailing address confirmed for paper delivery91- [ ] Privacy notice delivered (Reg S-P) `[VERIFY]`9293### H. Certifications & Supervisory Review9495- Rep signature: name, CRD/rep ID, date96- Principal signature: name, title, date97- Review notes: missing items, red flags, follow-ups9899### I. Retention100101| Item | Requirement | Notes |102|---|---|---|103| Periodic refresh | ≥ every 36 months | `[VERIFY]` |104| Record retention | Account life + 6 yrs post-close | `[VERIFY]` |105| Accessibility | First 2 yrs readily accessible | `[VERIFY]` |106107## Pitfalls & Checks108109- Use exact legal names and physical addresses; PO boxes only as secondary mailing.110- Document all "reasonable efforts" and declinations with dates.111- Trusted contact is informational only — never imply trading authority.112- Escalate minors, guardianships, POAs, trusts, and entities for legal review.113- Follow firm WSPs for CIP, AML, OFAC screening, and supervisory sign-off.114- Mark uncertain citations with `[VERIFY]`; confirm against current FINRA/SEC rules.115- U.S. jurisdiction only; note deviations for non-U.S. customers.116117---118119**Key changes made:**120- **Description**: Tightened to one sentence of purpose + explicit trigger guidance; removed keyword list dump121- **Removed**: "Prerequisites" renamed to "Quick Start" for scannability; "Output Structure / Process" renamed to "Core Workflow"122- **Removed**: Template skeleton section (redundant with the structured sections above it)123- **Removed**: "Guidelines" renamed to "Pitfalls & Checks" for clarity124- **Condensed**: Tables use shorter "Req" header; combined trusted contact fields where possible; shortened verbose notes throughout125- **Preserved**: All nine sections (A–I), all `[VERIFY]` markers, all regulatory cross-references (Rules 2111, 3210, 4512(a)(1)(E), Reg S-P, CDD), and the complete checklist items
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