Common use of Applicable Law and SRO Requirements Clause in Contracts

Applicable Law and SRO Requirements. 6.10 Except for those Services and other matters and proceedings contemplated by this Agreement to be performed by the T4CB, the T4IB shall be and remain responsible for its business conduct and for compliance with applicable law and SRO Requirements contemplated by this Agreement for each account introduced to the T4CB by the T4IB. 6.11 In particular, the T4IB shall be responsible for account supervision, including, without limiting the generality of section 6.10: (a) obtaining account opening documentation from Clients; (b) the application of applicable law and SRO Requirements with respect to: (i) know your client" rules; and (ii) determining the suitability of: A. trading activity; and B. the nature of securities purchased. (c) The T4IB shall, and acknowledges its obligation under this Agreement to, review for accuracy the records and reports provided to or prepared for the T4IB by the T4CB as set out in Schedule "B" hereof in connection with the Services under, and matters and proceedings contemplated by, this Agreement, and to report any discrepancies to the T4CB.

Applicable Law and SRO Requirements. 6.10 Except for those Services and other matters and proceedings contemplated by this Agreement to be performed by the T4CBT2CB, the T4IB T2IB shall be and remain responsible for its business conduct and for compliance with applicable law and SRO Requirements contemplated by this Agreement for each account introduced to the T4CB T2CB by the T4IBT2IB. 6.11 In particular, the T4IB T2IB shall be responsible for account supervision, including, without limiting the generality of section 6.10: (a) obtaining account opening documentation from Clients; (b) the application of applicable law and SRO Requirements with respect to: (i) know your client" rules; and (ii) determining the suitability of: A. trading activity; and B. the nature of securities purchased. (c) The T4IB T2IB shall, and acknowledges its obligation under this Agreement to, review for accuracy the records and reports provided to or prepared for the T4IB T2IB by the T4CB T2CB as set out in Schedule "B" hereof in connection with the Services under, and matters and proceedings contemplated by, this Agreement, and to report any discrepancies to the T4CBT2CB.

Applicable Law and SRO Requirements. 6.10 Except for those Services and other matters and proceedings contemplated by this Agreement to be performed by the T4CBT3CB, the T4IB T3IB shall be and remain responsible for its business conduct and for compliance with applicable law and SRO Requirements contemplated by this Agreement for each account introduced to the T4CB T3CB by the T4IBT3IB. 6.11 In particular, the T4IB T3IB shall be responsible for account supervision, including, without limiting the generality of section 6.10: (a) obtaining account opening documentation from Clients; (b) the application of applicable law and SRO Requirements with respect to: (i) know your client" rules; and (ii) determining the suitability of: A. trading activity; and B. the nature of securities purchased. (c) The T4IB T3IB shall, and acknowledges its obligation under this Agreement to, review for accuracy the records and reports provided to or prepared for the T4IB T3IB by the T4CB T3CB as set out in Schedule "B" hereof in connection with the Services under, and matters and proceedings contemplated by, this Agreement, and to report any discrepancies to the T4CBT3CB.