Monthly confirmation statements
25.—(1)  Every commodity broker and spot commodity broker shall furnish in writing to each customer, at the close of the last business day of each month, or at any regular monthly date selected by the broker, but not less frequently than once every 3 months, a statement which clearly shows for each customer —
(a)the position and price at which each commodity contract or spot commodity contract is acquired;
(b)the net unrealised profits or losses in all positions marked to the market;
(c)the amount of funds belonging to the customer kept with the broker; and
(d)a detailed accounting of all financial charges and credits to the customer’s account during that month, including all funds received from or disbursed to the customer and realised profits and losses belonging to the customer,
but such statement need not include accounts in which there are neither positions at the end of the period or any changes to the account balance since the furnishing of the prior statement.
(2)  The requirements in paragraph (1) shall not apply if the customer is a commodity broker or spot commodity broker.