What is KYC?

KYC stands for Know Your Customer. This is a rule created and enforced by the Financial Industry Regulatory Authority that states:

“Every member shall use reasonable diligence, in regard to the opening and maintenance of every account, to know (and retain) the essential facts concerning every customer and concerning the authority of each person acting on behalf of such customer.”

FINRA Website

To comply with this rule, we have to collect some information from you, such as your date of birth, your social security number, income information and/or net worth. Your information is safe with us! Mission First Capital uses this information for the purpose of your investment.