Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Where should client trust accounts be maintained under the new rule?

April 26, 2017accounts client maintained rule Trust

0

Posted

Where should client trust accounts be maintained under the new rule?

1 Answer

0

Posted

• Each trust account must be maintained at a financial institution that has at least one branch office in Wisconsin. • Accounts must be maintained at a financial institution that is insured by: • the Federal Deposit Insurance Corporation; • the National Credit Union Share Insurance Fund; • the Wisconsin Credit Union Savings Insurance Corp.; or • the Securities Investor Protection Corp.