• Distribution of 1099 Statements

      • To
      • Clearing Member Firms; Back Office Managers
      • From
      • CME Clearing
      • #
      • 12-523
      • Notice Date
      • 03 December 2012
      • Effective Date
      • 03 December 2012
    •       On Thursday, January 17, 2013 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 2012 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 17, 2013. Additionally, we are requiring that individuals picking up 1099 Statements display their CME Group ID cards.
      Please be aware that the creation of the 2012 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 $0.25 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 25, 2013. 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 Thursday January 31, 2013
      If you have any questions concerning 1099 processing, please contact the CME Clearing House at (312) 207- 2525 or email to ccs@cmegroup.com. Thank you.

      Printer Friendly Version...