; (IV) serve as a cosignatory on all separate accounts; (V) before any transfer of amounts from a separate account— (aa) verify that the transfer complies with all governing documents, including organizational, operational, and investment documents; and (bb) approve such transfer with a written or electronic signature; and (VI) periodically provide each alien investor with information about the activity of the account in which the investor’s capital investment is held, including— (aa) the name and location of the bank or financial institution at which the account is maintained; (bb) the history of the account; and (cc) any additional information required by the Secretary. (v) Waiver The Secretary of Homeland Security, after consultation with the Securities and Exchange Commission, may waive the requirements under clause (iv) for any new commercial enterprise or affiliated job-creating entity that is controlled by or under common control of an investment adviser or broker-dealer that is registered with the Securities and Exchange Commission if the Secretary, in the Secretary’s discretion, determines that the Securities and Exchange Commission provides comparable protections and transparency for alien investors as the protections and transparency provided under clause (iv). (vi) Defined term In this subparagraph, the term separate account means an account that— (I) is maintained in the United States by a new commercial enterprise at a federally regulated bank or at another financial institution (as defined in section 20 of title 18, United States Code) in the United States; (II) is insured; (III) is maintained by the job-creating entity, except as provided in paragraph (6)