Transparency
In order to invest in a CTA managed futures program, you must open a segregated account with a properly registered Futures Commission Merchant (FCM). The segregated account provides you with total transparency, as each trade made on your behalf is visible on a daily basis through online account access. This segregated account is highly regulated and your funds, by law, cannot be co-mingled with the funds of the FCM.
Clients funds held with Dorman Trading LLC will be held in a Segregated Account with Harris Bank NA in Chicago, IL.
Dorman will provide you with a number of reporting vehicles to help you keep track of your accounts and monitor your progress, including Daily statements whenever trades occur, Monthly statements, and an Annual 1099 Tax Report. In addition, on-line access to account information is available through the Dorman online platform.
The segregated account structure of your futures trading account protects you from suffering a loss, should your broker, your clearing firm, Dorman Trading, or Harris Bank file for bankruptcy. This segregated structure means that your funds on deposit are not subject to any offset, indebtedness, obligation, or the liabilities of any entity besides the customers themselves.