Compliance Officers:
Monitor Your Employee Brokerage Accounts with EmployeeTrack℠
Free, fully electronic and easy signup and use
EmployeeTrack℠ for Employee Compliance
EmployeeTrack℠ helps you reduce the risk of employee compliance issues. Consider these benefits:
- Consolidate your employees' trading activity from Best Mastery Capital and other brokers under a single platform at no charge.
- Access employee trade activity electronically. Daily reports on all employee trading accounts held at BMC are automatically transmitted to your legal department to ensure ongoing compliance with in-house and external reporting requirements.
- Get custom feeds for third party monitoring software.
- Send application invitations to employees and have a new employee account automatically linked.
- Use the Pre-Trade Compliance tool to restrict your employees from trading designated symbols, products and asset types; and from trading during specific trading hours.
- Enjoy customer-specific report design that sends only the account data you request, such as trade confirmations, positions, interest and commissions, taxes, and fees.
Open an Account
Our EmployeeTrack program is designed for Compliance Officers who want to streamline the monitoring of their employee accounts. Employees are provided with the same technology and ultra low commission benefits that all Interactive Broker customers receive, while minimizing the cost of broker account administration. Compliance Officers can appoint one or more compliance employees to administer their employee accounts anytime after the application is complete.
We recommend that a senior member of your firm's compliance group complete this account application. After your account application has been approved, you will be able to link your firm's employees who have BMC accounts, and invite those employees who do not have BMC accounts to complete Individual Account Applications. Note that the compliance officer name and contact information indicated in your application will be provided to your employees for any follow-up questions.
EmployeeTrack℠ Structure
Access multiple individual, joint, trust and IRA employee
for the purpose of monitoring their trading activity.
Account Information
EmployeeTrack℠ provides a simple, cost-effective solution for organizations such as exchanges, hedge funds, mutual funds, brokers, banks, insurance companies, law firms, accounting firms and consulting firms who are required to monitor their employees' trading activity.
Note: Once you sign up for EmployeeTrack℠, you will no longer receive employee statements by email.
Accounts are accepted from citizens or residents of all countries except citizens or residents of those countries that are prohibited by the US Office of Foreign Assets Control. Click here for a list of available countries.
Additional Documentation
EmployeeTrack Management PDF Guide EmployeeTrack Brochure PDF
Employee Marketing Handout
BMC provides a customized handout for your employees with information about BMC's broker services. This customized handout will be created upon registration. Click the button below for a generic sample of this document.
For information on SIPC coverage on your account, visit www.sipc.org or call SIPC at 1 (202) 371-8300.