• Distribution of 1099 Statements

      • To
      • Back Office Managers; BPS Users
      • From
      • CME Clearing
      • #
      • 08-385
      • Notice Date
      • 05 December 2008
      • Effective Date
      • 05 December 2008
    •      On Tuesday, January 20, 2009 the CME will distribute 1099 Statements to all member firms. They will be available for pickup at the Customer Service Window of the Document Processing Center located on the 2nd floor South Tower of the CME Center, between the hours of 9-11 a.m. and 1–4 p.m.
           For security purposes we ask that each firm's Back Office Manager obtain an Officers signature to pre-register the individual who will be picking up the 1099 Statements. The attached form should be completed and faxed to CME Clearing by January 19, 2009. Additionally, we are requiring that individuals
      picking up 1099 Statements display their CME/CBOT ID cards.
      Please be aware that the creation of the 2008 1099 statements will be in a new format which will require special envelopes.  Firms have a choice to either distribute the 1099’s to the brokers or have CME Group Document Processing Center complete this for a fee. The cost of this service is $0.20 per envelope plus postage, subject to a minimum charge of $5.00 or you can purchase the envelopes 24 @ $4.00. 
      Please e-mail betty.hanning@cmegroup.com  or ronald.burton@cmegoup.com  for either of the services offered and they will forward a service request form for you to complete. Arrangements for these services must be made by January 30, 2009. Questions can be directed to Betty Hanning at 312-930-3450 or Ron Burton at 312-930-3451.
      Note: Individuals not pre-registered will not be given 1099 reports
             The deadline for retrieving these reports is Friday January 23rd, 2009
      If you have any questions concerning 1099 processing, please contact CME Clearing Services at (312) 207- 2525 or email to ccs@cmegroup.com. Thank you.

                                                                                2008 TAX YEAR
      Please print the following:
      FIRM NAME ____________________________________         FIRM NUMBER ________
      OFFICER'S NAME _________________________________________________________
      OFFICER'S PHONE NUMBER _________________________________
      OFFICER'S SIGNATURE ____________________________________________________
      We will send one of the following representatives with their valid CME/CBOT ID card to pick-up our 1099 Statements from the CME Group on Tuesday, January 20, 2009:
      REPRESENTATIVE'S NAME: ________________________________________________
      (Please Print)
      ALTERNATE’S NAME: _______________________________________________________
      (Please Print)
      Please fax this form to:
      CME Clearing
      Fax: (312) 930-8555