2015 Revised Code of Washington
Title 19 - BUSINESS REGULATIONS—MISCELLANEOUS
19.310 Exchange facilitators.
19.310.110 Deposit of client funds—Written notice.
RCW 19.310.110 Deposit of client funds—Written notice.
(1) An exchange facilitator must deposit all client funds in a separately identified account, as defined in treasury regulation section 1.468B-6(c)(ii), for the particular client or client's matter, and the client must receive all the earnings credited to the separately identified account.
(2) An exchange facilitator must provide the client with written notification of how the exchange proceeds have been invested or deposited.
[2013 c 228 § 6; 2009 c 70 § 12.]
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