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Breaking Change Notification for Account Creation Tax ID Requirement

Blog post from Alpaca

Post Details
Company
Date Published
Author
Crystal Xue
Word Count
212
Company Posts That Month
3
Language
English
Hacker News Points
-
Post removed?
No
Summary

The Broker API user accounts onboarding process has been updated to require specific attributes at account creation, specifically the tax ID attribute, in order to carry out customer identification checks and complete the know your customer process. This change aims to prevent account approval delays caused by missing tax IDs. The breaking change will take effect on October 26, 2021, in both sandbox and live environments, and may require adjustments to client code.

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