Week Ending December 11, 2015

Tax Form Collection Page - Updating Your IRS Form W-8/W-9

Beginning with this release, you now update your IRS Form W-8 (non-US legal residents and non-US citizens) or W-9 (legal residents and citizens of US) on the Tax Form Collection Page. The W-8/W-9 page has been removed from Account Management.

Access the new Tax Form Collection page by clicking Manage Account > Account Information > Tax Information > Tax Forms to:

• Review and update important tax-related information;
• Update your IRS Form W-8 or W-9.

When an organization adds a new owner, the new owner must log in to Account Management to complete the form on the Tax Form Collection page.

Week Ending December 4, 2015

Organization Changes - Adding Owners and Changing Ownership Percentages

We have made some changes to the way organizations, including Proprietary Trading Group and Small Business accounts, add new owners and update ownership percentages.

• The Ownership Percentage page has been removed from the Manage Account menu. Accounts that are organizations now use the new Withholding Statements page to update the ownership percentage of all owners. This new page also lets organizations verify the name and address, Tax ID number, and tax statuses of all owners. Access this new page by clicking Manage Account > Account Information > Tax Information > Withholding Statement.
• When an organization adds a new owner, the account master user or account holder adds either an individual or entity user on the Manage Account > Account Information > Details > Profile page, and selects Owner as the Association Type and enters the ownership percentage. The new owner receives his or her own username and password, and must log in to Account Management to complete a one-time form.

Non-Disclosed Brokers Can No Longer Update Client W8/W9 Forms

Beginning with this release, non-disclosed brokers can no longer update their clients' W8 or W9 forms in Account Management.