That’s simple CYA, and also ensures you’ve not only done the illegal activity, you’ve defrauded the brokerage and breached your contract with them, and they get a weak KYC defense as well.
Similar to the “Al Capone” instructions from the IRS:
>Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Schedule 1 (Form 1040), line 8z, or on Schedule C (Form 1040) if from your self-employment activity.
On the other hand, if you want to talk about these stickers all over Seattle saying you’re not allowed to conduct illegal activities on the premises…
Similar to the “Al Capone” instructions from the IRS:
>Income from illegal activities, such as money from dealing illegal drugs, must be included in your income on Schedule 1 (Form 1040), line 8z, or on Schedule C (Form 1040) if from your self-employment activity.
On the other hand, if you want to talk about these stickers all over Seattle saying you’re not allowed to conduct illegal activities on the premises…