• 1099 Final Distribution Notice 2010

      • To
      • Back Office Managers; BPS Users
      • From
      • CME Clearing
      • #
      • 11-1
      • Notice Date
      • 05 January 2011
      • Effective Date
      • 05 January 2011
    •  
            On Tuesday, January 18, 2011 the CME will distribute 1099 Statements to all member firms. Firms have the option to pick the statements up or have the CME Group Document Processing Center mail these on their behalf.
       
            PICKING YOUR 2010 1099 STATEMENTS UP:
        
            The statements will be available for pickup at The DPC Customer Service  Window located on the 2ND floor South Tower of the CME Center at 20 S Wacker, Chicago IL, 60606  between the hours of 9:00 a.m. and 4:00 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 the CME Clearing House by January 18, 2011. Additionally, we are requiring that individuals picking up 1099 Statements display their CME Group ID cards.
       
      MAILING YOUR 2010 1099 STATEMENTS:
       
      Please be aware that the creation of the 2010 1099 statements will be in a 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 $0.23 per envelope plus postage, subject to a minimum charge of $5.00 or you can purchase the envelopes 24 @ $4.00. If firms elect DPC to mail the statements, firm copies can be mailed to the firm’s clearing house or available for pick up.
       
      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 28, 2011. Questions can be directed to Betty Hanning at 312-930-3450 or Ron Burton at 312-930-3451.

      For the full text of this advisory...

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