"Clients must first prove that they are qualified before they are allowed to enter the program, not the other way around."
Until the client is accepted by Compliance, the Traders, and Trading Banks, no placement can occur. The U.S. Patriot Act has introduced obligatory compliance procedures.
Face to face interviews with compliance officers and program management are occasionally required, but generally not necessary. Any arrogant or demanding personality is guaranteed to be refused.
Only the principal owner of the Asset is required as a signatory. Corporations must empower an Officer or Director as sole, exclusive signatory by using a Corporate Resolution. The asset has to be on deposit in an acceptable bank, in an acceptable jurisdiction.