FINRA Rule 3210 (formerly NYSE Rule 407) requires that certain employees of financial institutions obtain written consent from their employer prior to opening an account in which the employee maintains a beneficial interest and through which securities transactions may be effected. The rule also places certain requirements upon the executing broker to transmit duplicate copies of confirmations and statements to the employer.
Account holders are required to provide employment information and complete a regulatory questionnaire at the point of application and update their information thereafter through Client Portal to assist in determining whether this rule applies.
If your employer does not require duplicate statements, please have your employer email newaccounts@interactivebrokers.com stating duplicate statements are not required.
Find more information on the Rule 3210 page of the FINRA website.