Regulations Governing Futures Trust Funds Article 20

Prior to accepting a customer's subscription to a futures trust fund's beneficial certificates, a futures trust enterprise shall provide a risk disclosure statement to inform the subscriber of the nature and potential risks of the futures trust fund.The subscriber shall sign or place their personal seal on the risk disclosure statement of the preceding paragraph and add the date. One copy shall be retained by the futures trust enterprise and another copy given to the subscriber as a receipt.When a futures trust enterprise is providing information on the nature and potential risks of a futures trust fund pursuant to paragraph 1 to a customer who has previously subscribed to a futures trust fund of a similar nature and with similar sources of risk, then the futures trust enterprise may be exempted from the paragraph 1 requirement to provide such information by consent of the customer. It must still provide a risk disclosure statement, however, and retain a copy of the customer's consent form exempting it from explaining the risks, a copy of the risk disclosure statement signed by the customer, and other relevant documentation.