An LLC Member is simply an owner of an LLC. Members can be individuals, companies, trusts, or even non-US residents. An LLC can have one Member (Single-Member LLC) or many (Multi-Member LLC). Members have liability protection, meaning their personal assets are safe if the LLC is sued or owes money. The post What is a Member of an LLC? appeared first on LLC University®.| LLC University®
There are 3 ways a Non-US Resident can open a bank account for a US LLC. You can now open an LLC bank account online.| LLC University®
Firms must comply with the Bank Secrecy Act and its implementing regulations ("AML rules"). The purpose of the Anti-Money Laundering (AML) rules is to help detect and report suspicious activity including the predicate offenses to money laundering and terrorist financing, such as securities fraud and market manipulation. FINRA reviews a firm’s compliance with AML rules under FINRA Rule 3310, which sets forth minimum standards for a firm’s written AML compliance program.| www.finra.org